Crushing It in Apartments and Commercial Real Estate: How a Small Investor Can Make It Big

by Brian H Murray

Overview

Think apartments and commercial real estate are just for the big boys? Think again.

Brian Murray was not an investment pro when he bought his first commercial property. He was a teacher looking to build some side income. Armed with his passion for business and a lot of common sense, he developed a simple yet highly effective approach to investing that he still uses today at his multimillion-dollar real estate company.      

Crushing It in Apartments and Commercial Real Estate is a beginner’s guide to investing based on Murray’s experience bootstrapping his way from newbie investor to award-winning CEO of Washington Street Properties. Murray shares the secrets to his success through straightforward, actionable advice that will help you get started no matter what your experience level, or how much cash you have on hand. You’ll learn how to:

• Find and creatively finance commercial property
• Grow a portfolio without any help from outside investors and without taking on excessive debt
• Use your small-investor status as a competitive advantage over corporate investors
• Identify simple, practical ways to increase profits while keeping costs low

Murray also shares real-life stories that reveal exactly how he grew his business, and the hard lessons he learned along the way (so you don’t have to). Whether you already invest in real estate and want to go bigger, or you’ve never owned a property, this book gives you the tools and wisdom you need to crush it in apartments and commercial real estate.

Brian Murray is the founder and CEO of Washington Street Properties, a commercial real estate investment company that has been ranked on the Inc. 5000 list of the fastest-growing private companies in the United States for three years in a row. In 2015, Murray was recognized with a Gold Stevie Award for Executive of the Year in the Real Estate Industry.

 

Product Details

ISBN-13:	9780998381602
Publisher:	Brian H Murray
Publication date:	01/20/2017
Sold by:	Barnes & Noble
Format:	NOOK Book
Pages:	338
Sales rank:	515,068
File size:	1 MB

Editorial Reviews

09/18/2017
Murray, founder of an upstate–New York real-estate-investment company, begins with a disclaimer that he accepts no responsibility for the information he presents. His advice, however, is generally sound as he sets out a clear, detailed traditional approach to acquiring and managing small apartment buildings and commercial properties. It’s not a get-rich-quick scheme. Rather, the book details a careful buy-and-hold strategy that relies on adding value to properties and reinvesting positive cash flow. Information about analyzing properties, working with lenders, managing difficult tenants, and growing in scale is well presented. Examples from Murray’s experience are used throughout; an extended case study about one property in Murray’s portfolio, a trouble-plagued but ultimately successful apartment building, nicely illustrates his approach. Less useful are two borderline-generic chapters about maintaining work-life balance and continuing one’s financial education. There are also several glaring omissions. Murray offers little about legal or regulatory matters and nothing about selling properties or surviving a market downturn. Nonetheless, readers seeking a practical guidebook to buying and holding commercial property will find Murray’s book a strong choice in a crowded category. (BookLife)

Publishers Weekly

GOLD AWARD WINNER, Nonfiction Book Awards, Nonfiction Authors Association

AWARD FINALIST, 2017 Best Book Awards in Business: Personal Finance/Investing

"...a strong choice in a crowded category." -Publisher's Weekly

"Newbies and professionals alike will benefit from this volume, which is chockfull of insight and solid investing advice." -BlueInk Review

"The mistakes he names can be learned from, and his transparency makes his stories of success both exciting and inspiring." -Clarion Review

"Simply the best book I have ever read on real estate investing. Well worth reading even if you are more interested in buying single family homes or other investments." -Goodreads Review

"Out of the 30 or so real estate investing books I've read this is #1 for me." -Amazon Review

"I can't remember when is the last time I read a book where I learned so much, and will definitely read it again multiple times."-Goodreads Review

"I selected this book because I have always had an interest in real estate and it had very good reviews. Well, the good reviews are spot on. This book is excellent." -Amazon Review

"As I read, I realized that yes, this book can help you no matter your experience level or the amount of cash you have on hand and I found the real-life stories that the author shared inspiring. Just as promised, this book gives you the tools and wisdom you need to crush it in apartments and commercial real estate." -Goodreads Review

"If you've ever had an inclination to get into the commercial real estate business or are seeking a better profit than buying and selling (or renting) single-family homes, this book is for you." -Goodreads Review

"Murray has done a great job writing a book that both newbie commercial investors and those with more experience will enjoy and find beneficial. I own several single family rentals and a 24-unit apartment building that are all performing well, so I'm not a newbie, but nevertheless I found myself highlighting key insights on almost every page of the book." -Amazon Review

"This book is a gold mine for reference and gave me the confidence that I needed before venturing into an investment of this type. Even if you are short on funds, it teaches various ways of working around that. " -Goodreads Review

"Forget the infomercials promising you real estate riches for no work and no money down. Take a lesson from Author Brian Murray, who decided he needed an extra source of income and turned it into a multi-million dollar award-winning real estate company." -Goodreads Review

"It took me a week to read this book since I found myself stopping to highlight and take notes or thinking of how certain lessons apply to my real estate business." -Amazon Review

"Need a side hustle to make ends meet? Been thinking about owning, renting or moving some real estate to see if you can turn a profit? If so, then this book is what you need to read to get practical advice, real-life examples of successes and failures and simple, down to earth business strategies." -Amazon Review

From the Publisher