Over the past 6 months, I started underwriting on-market deals. Why? 2 reason; experience in underwriting and a deal is a deal On market or Off. Other Learning markets and looking at real offerings, presented an opportunity to learn something about multifamily and increase my knowledge. After pre...
Kevin Terpening’s first rental wasn’t much of a sales pitch for becoming a landlord. He bought a cheap house in Eau Claire during college for his friends to live in. He dealt with difficult tenants and plenty of headaches, made about $300 a month, and eventually sold for a small gain. Then he rea...
I ranked all ten Minneapolis communities by duplex appreciation over 11 years, and the ranking is close to inverse to price. The method is below, then the numbers, then where I think it breaks. Tell me what I got wrong. THE DATA 5,984 closed duplex sales in Minneapolis, October 2012 through Octob...
More than $1.8 trillion in apartment debt is scheduled to mature over the next 10 years, with approximately $757 billion coming due between 2026 and 2028. Nearly $300 billion matures in 2026 alone, following roughly $310 billion in 2025. The headline is significant, but this is primarily a capita...
Every winter the same handful of things turn into emergency calls that could have been caught in October. For those of you with multifamily, what do you check before the first freeze that a single family owner wouldn't think about? I'm thinking about things like shared gutters and downspouts, the...
I ranked all ten Minneapolis communities by duplex appreciation over 11 years, and the ranking is close to inverse to price. The method is below, then the numbers, then where I think it breaks. Tell me what I got wrong. THE DATA 5,984 closed duplex sales in Minneapolis, October 2012 through Octob...
Sounds wrong the first time you hear it. Sold for less than you paid, or handed the keys back, real money gone, and still a tax bill. But it happens, and in this market it is about to happen a lot. Bank multifamily delinquencies are running several times their 2022 low and sit at their highest le...
Something I picked up working with multifamily and commercial rentals, mostly on the project coordination side: the properties that looked great on paper weren't always the ones that did best. For those of you owning multifamily/ commercial, what came up early on that you wish you'd known going i...
The garden unit is the most underrated space in a Chicago two flat. For anyone outside Chicago, a two flat is what most of the country calls a duplex, and the garden unit is the lower level apartment that sits partly below grade. Here is what I keep running into. The lower unit gets treated two d...
I attended the Northern California Multifamily Forum on September 24, 2026. It was primarily organized by Marcus & Millichap, one of the leading brokerage firms. Here are my takeaways: The general sentiment is that it’s difficult to raise capital right now. If you don’t need to sell, don’t sell r...
Here's a number that should be on every investor's radar this fall: $875 billion. That's how much commercial and multifamily mortgage debt comes due in 2026, according to the Mortgage Bankers Association. It's about 17 percent of all the commercial real estate debt in the country. Last year it wa...
Hi I’m Ayden 19 and am interested in the multi-family based rental businesses however im in schooling so i have little to no income how do i start off and if i start smaller what do you suggest I start with like a smaller buisness or a smaller rental size although I noticed the sites with more un...
Where Are the Multifamily Opportunities in 2026? For multifamily investors, 2026 is less about finding the next “hot market” and more about finding the right deal in the right market. Higher interest rates, uneven rent growth, and new apartment supply have created more challenges in some markets....
Keep a strong cashflowing property or get out of a declining neighborhood to redeploy the capital? I have a 9-unit multifamily property that is currently cashflowing very well. However, the neighborhood it is in has been trending downward in terms of the number of homeless residents in the area. ...
Housing Demand Doesn’t Disappear — It Shifts Even if fewer people can afford to buy homes due to high rates, people still need somewhere to live. When buying slows down, renting increases, which fuels demand for multifamily housing. Resilience in Stagnant Job Markets: Multifamily assets often cat...
Is furnished an advantage for sec 8 apartments or sfr? Where does everyone rent their apartments these days? Facebook marketplace fb groups? Where else?
I'm looking to break into the multifamily scene, specifically in the <$250,000 price range. I'm searching for something that would require light remodeling which I can BRRRR, no gut rehabs and preferably nothing turnkey unless cash flow is still obtainable. For anyone who actively invests in or i...
If I wanted to buy long-term buy and hold rental properties, small or medium multifamily with 8% cap rates around Dallas, Austin, Charleston, Cincinnati, etc is that possible and how would you recommend sourcing those deals?
You have seen the story everywhere this week. WSJ, CRE Daily, every feed. Roughly $1.8 trillion in multifamily debt coming due, refi rates about double the 2020 and 2021 loans, values off the peak. Everyone is covering the debt. Almost nobody is covering the tax. The connection is simple. Owners ...
I matched 21,000 house sales against 3,300 duplex sales to settle whether house hacking actually beats buying a house. Here's the method and the result. Everybody has an opinion on this and almost nobody has run it on equal terms, so I tried to build the comparison carefully. Tell me where it bre...
Closed this one in the past 6 months. Sharing the real numbers because I keep seeing "there are no deals left" and that's just not true if you know where to look. The property: Normal Heights, San Diego Purchase price: under $1.35M Needs repairs, this wasn't turnkey Current gross rents: $11,500/m...
Hi ALL, I am moving towards starting my real estate investment business. I currently own a plumbing and HVAC service business. I am looking for any insight and perhaps even looking for anyone who wants to partner, lenders, etc. I have a business plan in place and now it's just a matter of putting...
Distressed multifamily properties are getting more attention from investors right now. And on the surface, a property being sold at a discount can sound pretty attractive. But here’s the question I would ask first: Why is it distressed? Recent data shows distressed multifamily sales increased to ...
Hi BP community, I have a question and would like to receive feedback from those with experience. I am looking at a turnkey duplex in Memphis with a purchase price just under 100k, what type of loan should I be looking for, I have read about DSCR loans but not sure if there are other options. App...
The more I learn about multifamily investing, the more I realize there’s a big difference between talking about deals online and actually operating properties successfully long term. Curious from those with real experience in the space: What’s something about multifamily investing that sounds sim...