Investing in Small Multifamily Properties

Small multifamily investing might seem scary to a new investor, but what if we told you these properties are less risky than single-family homes and even easier to buy in many cases? In this episode, we’ll bust the most common multifamily myths that keep rookies on the sidelines so that YOU can take down your first multifamily property in 2025!

Welcome back to the Real Estate Rookie podcast! Today, Amelia McGee and Grace Gudenkauf return to the show to deliver a masterclass on small multifamily investing. They’ll show you how to find off-market real estate deals at a deep discount, why cash flow is king when analyzing multifamily properties, and which neighborhoods to target for long-term appreciation. We’ll also get into zoning and permitting issues to be wary of—pitfalls that could wipe out your cash flow if you’re not careful!

But that’s not all. Of course, the BIG question on every rookie’s mind is, “How do I get financing for these deals?” and we’ve got the answer! Amelia and Grace will show you how to buy larger properties with low money down and provide you with the perfect pitch for seller financing!

In This Episode We Cover:

Why small multifamily properties are even less risky than single-family homes

Boosting your cash flow by using multiple investing strategies for the same property

Taking advantage of HUGE appreciation by targeting developing areas

Buying multifamily properties with LOW money down by house hacking

The BEST way to pitch seller financing for off-market multifamily deals

Multifamily investing “myths” new investors are taught (and why they’re wrong!)

Common zoning and permitting issues that can kill your cash flow

The keys to managing multiple tenants (and how to keep them happy!)

And So Much More!

Links from the Show

Ashley's BiggerPockets Profile

Tony's BiggerPokckets Profile

Join BiggerPockets for FREE

Real Estate Rookie Facebook Group

Real Estate Rookie YouTube

Real Estate Rookie 111 - 26 Doors in 1 Year? Here’s How You Can Do It Too!

Get RentRedi for FREE with BiggerPockets Pro Membership

Maximize Your Real Estate Investing with a Self-Directed IRA

Buy Amelia & Grace’s Book “The Self-Managing Landlord”

Find an Investor-Friendly Agent in Your Area

Real Estate Rookie 401 - Boost Your Cash Flow in 2024 with These “Self-Management” Tips

Connect with Amelia

Connect with Grace

(00:00) Intro

(02:27) Small Multifamily 101

(08:32) Finding Deals & Choosing Markets

(16:55) Due Diligence & Tenant Management

(25:13) Creative Finance Strategies

(29:20) Key Systems & Processes

(32:11) Connect with Amelia & Grace!

Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/rookie-515

Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com.

Learn more about your ad choices. Visit megaphone.fm/adchoices