Multifamily Real Estate Investing 101: Scale Up with THESE 3 Tips
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Published 2024-05-16
If you want to scale FAST, multifamily real estate investing might be your best bet. With multiple units all cash-flowing in tandem, and a large property that is only going to appreciate with time, you can have a portfolio that delivers a steady income stream AND provides long-term wealth. But taking down larger deals often requires more time, effort, and planning, which is why we’re sharing our BEST tips to help you get started in the multifamily space!
Matt Faircloth is back to share his three “M”s of multifamily investing. Stick around to learn why you need to start building relationships and raising capital before you get your property under contract. You’ll also learn about the importance of niching down to ONE market as your investing playground, as well as why property management companies are the “best-kept secret” of profitable multifamily investing!
Find the perfect rental property with Rent To Retirement by visiting www.renttoretirement.com/ or texting “REI” to 33777 today!
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00:00 Multifamily 101
00:18 Sponsor: Rent To Retirement!
01:46 Why Multifamily?
03:26 Tip 1. Money
04:49 Tip 2. Market
07:13 Tip 3. Management
09:06 Scale Up with Multifamily!
09:58 Connect with Matt
All Comments (11)
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Great video Matt & BP about how to get started investing in multifamily properties! We love the 3 M's concept! Keep up the great work!
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Nice framework with the 3Ms!
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Loved the detailed explanation of multifamily vs. smaller residential properties. It’s clear why the distinction matters so much for investors.
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Great info
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Great tips thank you for sharing!!
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Great video. I totally agree with finding a good property management company, especially if you’re not local. I’ve seen a lot of people sell their rentals because they try to manage their own property and realize it’s more than just collecting a check.
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I’d much rather be sitting on a cash flowing 4 plex with fixed debt than a 5, 6 or 8 plex
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I think the best way to scale up is what I have. I have a deal with my company with a low cost of entry and I can buy a minimum of 5 buildings per year as they build them and it's 100% financing
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I am a newbie to the rental industry. However, I have been a faithful Bigger Pockets subscriber for a while now. I know that there is an on market database for single family home aka Zillow and there is Loopnet for multi family. Is there a database for 2-4 unit properties? While I would love to make that 5 unit plus jump. I am just not there yet. Thank You in advance.
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