Jullien Gordon is another one of those real estate gurus that you may see around the internet. But unlike many of them, he came from a rather well-off family. This means while he may have experienced some financial hardships, they may not be as big as the others. He created The Multifamily Masterplan because he believes people can do more to earn money than just grinding from 9 to 5 (or even more). But how exactly does this program work? And can this also work for you? Let’s dive into this The Multifamily Masterplan review and find out for yourself.
Jullien’s parents are both doctors, so it makes perfect sense on his claim that he is, at best, placed as people in the middle-class. He even graduated from Stanford with an MBA. No matter what job or career he chose, he’s already poised for employment in any company. However, it’s also something that he doesn’t want at all. From his observation, he felt like the current education system is setting people up to be forever employees. To be clear, there’s nothing really wrong with being employed in a company, Jullien says. But on the other hand, it means that you will never be free as you will forever be working for someone else’s benefit. In short, you’ll always have a boss that will continuously dictate how, and when, you’ll work.
So Jullien decided to take up real estate investing to accomplish his goals. His very first real estate investment is a three-family in Brooklyn, New York. Since then, he’s been able to invest in more, to the point that he has around 30+ doors worth of real estate property under his investment portfolio. And he claims that he has never paid a single housing expense from any of them ever since. Because the tenants themselves are taking care of the mortgages and all.
Out of all real estate property types, why multifamily properties, though? Why would you want to invest in an apartment or condominium instead of a single-family property? Well, Jullien recommends starting on multifamily properties because there is always a demand for them. Buying a house can be expensive, meaning that there will always be people who want to rent homes. Also, compared to single-family properties, multifamily ones are more affordable to procure, but with bigger returns. This is especially true if all of those units on the property are rented out. Even if it’s just two or even three units being occupied by tenants, they can already help you produce an income that’s more than enough to cover the expenses of maintaining the property, yet still have income. Finally, they are also much easier to visit and maintain. Instead of having to visit multiple properties for routine inspection, it is easier to just visit multiple units on one roof. Pretty convenient, right?
The Multifamily Masterplan runs for a full 12 weeks of training, with the first week solely dedicated to setting up everything that you need for purchasing multifamily properties, such as calculating your net worth, setting up your bank accounts, and even setting up your Zillow and Trullia accounts to look for potential purchases. The rest of the curriculum teaches you how to buy multifamily properties with as little capital as possible (even with zero capital), how to find the best deals in the market, how to negotiate for the price, and so much more. You’ll also get some lessons on some lesser-known financial topics, terms, and situations, like filing taxes, owning your first home, student loan debt, bankruptcy, and many more.
Since you are going into the business of renting out your properties to others, you need to learn how to find the perfect tenants. In order to do that, you need to attract them into renting from you. Thus, you need to learn how to market your offers so that many people will see them. You will learn how to create attractive property listings, how leasing works, as well as how to host an open house that will surely attract the renters you are looking for. And as with any other online courses, you’ll get some weekly coaching calls with Jullien himself, so that he can assist you with any questions you have, as well as passes to his Generational Wealth conference event. You’ll also be able to access other “mini-courses” like the Generational Wealth course, and even a course about credit repair.
The Multifamily Masterplan costs around $3,997 as a one-time payment. Personally, I think this is a good course, and Jullien Gordon is a pretty cool guy, quite humble and approachable. If you want an online course about real estate investing, then this could be something that may interest you. However, keep in mind that the real estate industry is quite tough to get into nowadays. While you can potentially earn thousands with it, the time, hard work, and even the expenses, that you need to spend before you can even land a deal may not be worth the effort. Now, imagine if you know a business model that has all the high-earning benefits of real estate, yet it only takes just a few steps and a little knowledge to set up. Amazing, right? That’s the power of digital real estate. And if you want to know more about it, click on the link below.