Multi family acquisition

[Dorian Guin]

Hello, I’m a 27 year old novice in terms of multi family investing. Currently own 4 single family rentals with no mortgage on any properties. I’ve found a great 8 unit property I want to make an offer on, and need as much insight and advice as possible prior to stepping outside my comfort zone.

[Richard Sherman]

@Dorian Guin Do not be afraid, they are just like SFH as far as running the numbers. Make sure you get an inspection, make sure you get the financials and understand where the problems are (problems = money when you fix them) low rents, vacancy, those are my favorites. In your market do apartments have any extra expenses (inspections by the city, extra taxes etc?) do they have higher vacancies?