Real Estate Rookie

How to Change Your Life with ONE Small Multifamily Property

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Apr 30, 2025
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INSIGHT

Small Multifamily Sweet Spot

  • Small multifamily properties face less competition than single-family homes and large multifamily buildings.
  • Financing is more accessible for two to four unit properties, making it a sweet spot for new investors.
ADVICE

House Hack to Lower Costs

  • Buy a small multifamily property you can afford even without full tenant occupancy.
  • Live in one unit and let tenants cover most mortgage costs to lower your living expenses.
ADVICE

Use Property Management Software

  • Use property management software like TurboTenant to organize leases, rent collection, and maintenance.
  • Automate and centralize management tasks to save time and effectively manage rentals remotely.
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