How to Own 1,000 Apartments in Five Years with Charles Dobens

2019-07-03

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Learn how to own 1000 multifamily units in just 5 years, discover how to overcome the roadblocks of multifamily investing, and know what multiple family property investing is really like and how should it be treated. Resources/Links www.multifamilyinvestingacademy.com

Resources/Links

www.multifamilyinvestingacademy.com

Summary

Charles Dobens is a multifamily investor, attorney, and mentor to multifamily investors.

He has personally acquired over $20,000,000 of apartments and been involved, on behalf of his clients, in over $3B in multifamily transactions (yes, that’s Billions with a ‘B’).

His legal and consulting practice has one specialty – helping new investors overcome any lack of confidence in moving towards their financial objective of owning and operating apartments.

Get to listen to this episode and join Charles as he tells from experience the ins and outs of real estate investing. Take note of his wisdom as he debunks common myths about this niche.

Topics Covered:

02:45 – How he got into the real estate business and what he went through to finally land in this space

06:32 – How to own a thousand apartments in five years

09:08 – What are the misconceptions about multi-family deals and how to best look at it

11:41 – Reasons why mistakes in raising capital arise and the right thing to do about it

12:41 – How his insurance background help in running his real estate business

16:43 – Charles Valuable Free Resource: multifamilyinvestingacademy.com and the tons of free resources in his YouTube channel

Key Takeaways:

“[on building a business] And it’s not as hard as you think. And that’s the beautiful thing of just building this business slow and steady and doing it the right way. And to get to a thousand units, all you have to do this year is buy 20, that’s all you got to do. Go out and do it.” – Charles Dobens

“The easiest time to look for money is when you don’t need it.” – Charles Dobens, quoting one of his students

“This is not a one-off deal in order to get to a thousand units. It isn’t just a little me sitting at the kitchen table. It’s my staff and my vision and my plan and my systems for running the business to run a thousand units. So that’s how you do it.” – Charles Dobens

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