How do you bring the best out of your multifamily investing? In today’s episode, we’re going to dive into them! Darryl Murphy Sr. has been investing since the early 1990s. He owns properties in Brooklyn, New York, Louisiana, and North Carolina. Darryl currently owns 104 units in Augusta, 80 units in Vicksburg, and land in Manchester, Pennsylvania. He is part of a team that combined owns over $90 million-worth of apartments.
[00:01] – [07:26] Opening Segment
- Let’s get to know today’s guest, Darryl Murphy Sr.
- Growing up in Brooklyn, New York and a dream of investing in commercial real estate
- Telling himself that he won’t work for anyone else for his whole life
[07:27] – [17:25] Mastering Multifamily
- Why Darryl would not changing anything in his life
- A Big Surprise that changed Darryl’s first deal
- Backing out of a deal as the best solution
- How Scaling Changed Darryl’s Way of Investing
- Acquiring parameters and moving forward
[17:26] – [22:01] Final Four Segment
- What Darryl would invest in with only $20,000
- Get the experience to invest in a commercial multifamily
- How Darryl would help in a real estate mistake
- Don’t go overpaying for a property
- Darryl’s way to make the world a better place
- Teach others how to invest in commercial multifamily
- Reach out to our guest – see links below
- Final words
Tweetable Quotes
“Everything in life happens for a reason.” – Darryl Murphy Sr.
“I didn’t have a set market because I didn’t know what I was looking for.” – Darryl Murphy Sr.
“People are overpaying big time for properties.” – Darryl Murphy Sr.
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Connect with Darryl Murphy Sr. through darryl@murphybaynardgroup.com, Facebook, Zoom, and LinkedIn and learn more about multifamily investing.
Connect with me:
I love helping others place money outside of traditional investments that both diversify a strategy and provide solid predictable returns.
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Email me → sam@brickeninvestmentgroup.com
