Dropping Bombs The Rookie's Ultimate Guide to Multifamily Real Estate Investing
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Jul 17, 2025 Michael Menino Sr., a multifamily real estate investor and fifth-degree black belt, shares his wealth of knowledge on the financial advantages of multifamily real estate investing. He hilariously intertwines family dynamics and martial arts lessons, emphasizing discipline and resilience. Menino dives into effective strategies for identifying undervalued properties and controlling renovation costs. He also tackles the ethics of investment partnerships, stressing the importance of integrity. Ultimately, he champions the philosophy of holding properties for long-term success.
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Higher Returns in Multifamily
- Multifamily investing offers higher returns than stocks over long periods.
- Investors can expect around 18% returns annually versus typical 10% in stock markets.
Cost Segregation Tax Advantage
- Use cost segregation in multifamily investing to accelerate depreciation benefits.
- This can allow you to depreciate up to 40% of your investment in year one, reducing tax liability.
Use One Percent Rule
- Apply the "one percent rule" to evaluate multifamily deals: rent per unit should be about 1% of unit price.
- Deals not meeting this on a per-door basis are usually poor investments.