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Updated over 1 year ago on . Most recent reply

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Allan Tualla
15
Votes |
41
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want to start investing in multifamily properties, looking for advice

Allan Tualla
Posted

Hello everyone, 

Im new to the real estate investment space and would like some advice. I want to begin my realestate journey with multi family properties. More particularly duplex, triplex and quadraplex. With that being said I was wondering what are things you look for with these type of properties that usually boost your ROI (ie seperate meters) and what are common problems you find with these type of properties. what would you do differently as a new investor with these type of properties with the experience you currently have now.

thanks for the help!

Most Popular Reply

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267
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297
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Trevor Richardson
  • Real Estate Broker
  • Reno, NV
297
Votes |
267
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Trevor Richardson
  • Real Estate Broker
  • Reno, NV
Replied

Start with 2-4 units. The most difficult thing right now with small MF is financing. You are going to need 30% or more to just cash flow positive.

Get prepared to improve the property.


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