Looking for help purchasing my 1st multi family building! HELP!

Looking for help purchasing my 1st multi family building! HELP!

Philadelphia, PA · Member since 2018 · 57 posts · 22 votes

Hello everyone! I’m looking to venture into real-estate. I currently have no experience at all. I live in NJ and I want to dive right into multi family buildings. Any pointers on how to get started? Should I start small?  Any information from anyone would help. Thanks so much guys! 

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Investor · Phoenix, AZ · Member since 2017 · 583 posts · 919 votes
7y

@Quinyana Mosley you don't have to start small. When I started looking into multifamily, I went right for the big stuff because it had the type of management structure I wanted (on-site personnel). 

You're going to need to spend a few months learning first, though. Listen to every BP Podcast on Multifamily. Read the books they mention at the end. This will give you the foundation you need to start having conversations with people in the industry. Then I'd start going to seminars, conferences, and workshops on multifamily investing. There are plenty of them all over the country. 

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