Moses Kagan on Real Estate

Multi-Family Millions: The book that started my career

with 2 comments


If you’re interested in making money from re-positioning apartment buildings like we do, you should read Multi-Family Millions, by Dave Lindahl (that’s not an affiliate link; I don’t get paid if you buy it).

A few warnings:

  • The book is cheaply made. It feels like someone self-published it out of vanity. I recommend getting the Kindle version.
  • The author is kind of cheesy. He’s constantly trying to get you to join his mailing list so he can promote seminars or something.
  • It was written before the financial melt-down, when it was much easier to get loans, so you need to take his advice about financing with a major pinch of salt.

So, why do I like it so much? MFM was the book that taught me the basics of how apartment buildings are valued and how you can add value to them.

Armed with that information, buildings talk to you. You see a run-down building in a good neighborhood and you hear it saying “Rescue me from this stupid, lazy owner. I’ll pay you handsomely for your time!”

If you’re reading this incredibly dense blog, about a pretty dry topic, with no pictures, you’re the kind of person who understands that knowledge is powerful. And this book, cheesy and awful as it sometimes is, contains within it the knowledge needed to begin or accelerate your quest to make money from apartment buildings.


Written by mjkagan

04/05/2012 at 7:14 am

Posted in Buying, How to, Rehabbing

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