The Real Estate Investing Blog

Here you will find tips on how to invest in real estate, why real estate investing can be more profitable than other investments, how to invest in real estate with little or no money, how to buy your first rental property, and much more!

Managing Your First Small Multifamily Property

Managing Your First Small Multifamily Property

Managing your first small multifamily property is where the real work, and the real money, actually begins. Anyone can drop numbers into a spreadsheet and make a deal look good on paper. But the day you close, the spreadsheet stops mattering and operations take over....

Managing Your First Small Multifamily Property

How to Increase NOI on a Multifamily Property

Learning how to increase NOI on a multifamily property is the single most important skill in this business, because NOI is what your building is actually worth. Anyone can fill in a spreadsheet. The money, though, is made in management and operations, and that money...

Managing Your First Small Multifamily Property

Small Multifamily Mistakes That Kill Returns

Most small multifamily mistakes are not made on the spreadsheet. They are made after you close, in the day-to-day operations, where they quietly bleed your returns. I see it constantly, even with sharp, well-prepared investors. During a recent coaching day with a W-2...

The BRRRR Strategy for Small Multifamily Deals

The BRRRR Strategy for Small Multifamily Deals

The BRRRR strategy on a small multifamily deal is how Andrea and I turned a $132,000 down payment into an infinite return on our first 7-unit apartment. We bought it right, improved it, forced the income up, refinanced, and pulled our original capital back out so we...

The BRRRR Strategy for Small Multifamily Deals

Is Small Multifamily Real Estate Worth It?

Is small multifamily real estate worth it? After six years owning my first 7-unit deal, my honest answer is yes — but not for the reasons most people online will sell you. The truth is that small multifamily real estate gets exaggerated by gurus who show you inflated...

The BRRRR Strategy for Small Multifamily Deals

Small Multifamily Real Estate Investing for Beginners

Small multifamily real estate investing is the most realistic way I know for a busy high-income earner to build serious wealth without quitting their job. Six years ago, Andrea and I bought our first deal — a 7-unit apartment — with our own money and no investors....

Small Multifamily Mistakes That Kill Deals

Small Multifamily Mistakes That Kill Deals

I've taken deals all the way to the finish line — money spent, weeks invested — and still had to walk away. It happens. After more than 300 units, I close the vast majority of what I put under contract, but the deals that fall apart almost always die from...

Small Multifamily Mistakes That Kill Deals

Small Multifamily Real Estate Investing: 7 Steps

Buying your first apartment building feels overwhelming. I get it. But small multifamily real estate investing is not rocket science — it is a science, and once you learn the sequence, it gets simple. This is the same process my wife and I used to go from...

Small Multifamily Mistakes That Kill Deals

How to Analyze a Small Multifamily Property

I can learn almost everything I need to know about a small multifamily property from two documents: the rent roll and the T12. That's the core of how I analyze a deal before I ever fall in love with it. If you're serious about small multifamily real estate investing,...