Investing in MultiFamily

[Tayvion Payton]

I currently earn a solid income from my day job and am working to diversify my investment portfolio by focusing on multifamily real estate. I believe multifamily properties offer better value for the time spent managing them compared to other asset classes. My goal is to invest in properties with 4+ units, as I understand that once you move  into 5+ units, the property is classified as commercial real estate, which comes with different loan guidelines and financing structures, which i am open to.

I’m reaching out to this community to seek advice on a few things:

• Analyzing Deals: What are your go-to strategies for evaluating multifamily opportunities? Are there specific metrics or tools you rely on?
• Lessons Learned: What mistakes have you made (or seen others make) in multifamily investing? What lessons have been most valuable in your journey?
• General Tips: Any advice on financing, property management, or navigating the transition from residential to commercial real estate?

I’d appreciate any insights or resources you’re willing to share. Thanks in advance for helping me grow as an investor!