191: Why Fourplex Buildings Are An Investing Sweet Spot with Steve Olson
Why Fourplex Buildings Are An Investing Sweet Spot with Steve Olson
What makes fourplexes such great wealth creators? Financing and economies of scale. But there’s one giant pitfall with many fourplexes. Today’s guest, Steve Olson of the Fourplex Investment Group (FIG) has an elegant solution to the pitfall. He tells us how to maintain your investment’s value for long-term returns. You need to safeguard yourself against neighborhood blight to protect your investment’s value.
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01:30 Fourplexes are the largest building for residential financing.
03:27 Safeguarding against neighborhood blight.
07:00 The FIG: Fourplex Investment Group.
09:09 How to repel neighborhood blight.
14:50 Pro formas.
17:48 Dealing with today’s compressed cap rates.
21:15 Pre-construction.
24:55 Exit strategy.
28:05 Fourplex prices.
32:55 Financing.
36:42 Property management. Valuation, appraisals.
38:54 Duplexes.
41:40 Keith’s analysis of the investment.