Finding Deals on Small Multifamily Rentals

Strategies for finding deals on small multifamily rentals, including approaching sellers directly, using online marketplaces, and sending direct mail to property owners. Tools like Deal Machine and List Source are mentioned for building lists of potential owners. Also includes two advertisements for a land investing starter guide and a real estate podcast.

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Small multifamily investing is one of the fastest ways to reach financial freedom through real estate. With just a few multifamily rental properties, you can create passive income streams that’ll allow you to retire from your W2 job, go full-time into real estate investing, or have enough money to do whatever you want, whenever you want. Don’t think it’s still possible? Dave Meyer, multifamily investor and VP of Data and Analytics at BiggerPockets, may change your mind.

Dave started investing in real estate by buying a couple of small multifamily rentals within a block of each other. He lived in one of the units while renting out the others, allowing him to live for free and collect some sizable cash flow. Now, years later, Dave is collecting around $5,000 per MONTH from just these two properties. And if you invest in small multifamily rentals, you could experience the same cash flow!

If you want to invest like the experts and use the tools and calculators from this episode, sign up for BiggerPockets Pro and use code “FAMILYPOD20” for a discount!

In This Episode We Cover:

How to achieve financial freedom by investing in SMALL multifamily real estate

The four MAJOR benefits small multifamily boasts and why you’ll want to get in NOW

The financial freedom formula and calculating out how much you REALLY need

Financing your small multifamily rentals using loans and creative financing

How to use the BiggerPockets Rental Property Calculator to calculate cash flow, cash-on-cash return, and long-term profit

The dangers you MUST look out for before investing in ANY multifamily deal

And So Much More!

Links from the Show

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