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Updated almost 3 years ago on . Most recent reply

User Stats

14
Posts
2
Votes
Neech Yates
  • Investor
  • Louisville, KY
2
Votes |
14
Posts

Recommendation on how to get into Multi-Family Investing

Neech Yates
  • Investor
  • Louisville, KY
Posted

I looking to scale up. I would like to move to Multi-Family investing. I'm just not sure how to get into it. Looking for suggestion on meet-ups. I have read books on it. But you can't has a book questions. I'm kind of stuck. Any suggestion or recommendations would really help. 

Most Popular Reply

Account Closed
  • pennsylvania
168
Votes |
339
Posts
Account Closed
  • pennsylvania
Replied

Start by learning the math. It’s easy to find spreadsheets online, but I recommend learning to making your own DCFs, projections, and stuff like that. You’ll learn a lot. It’s important to use realistic numbers. Here’s what I do: I find a property and put all the financials into my spreadsheets and am blown away by how much money I will make. Then I put in realistic numbers and realize it’s a dog. Then, I go out for a beer with my friends.

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