He launched a small OZF to revitalize a vintage office building in a transitioning neighborhood.

These books are filled with practical advice to help you avoid these mistakes that start small and snowball into major issues.

Going from a $232K purchase to a $575K sale is no small feat, especially with a full excavation of the foundation and reframing involved.I’ve got a buddy who tried something similar outside San Diego last year.. he had to reinforce the entire property with a new slab and rebuild the interior layout from scratch.. definitely not for the faint of heart, but his final sale price turned heads in that local market.

@Frank Alfano I am assuming when you say small multifamily then you are referring to up to 4 unit building.

Relationship is important with landlords and tenants, especially with small time landlords.

Mailing campaigns targeting landlords who’ve owned thier properties for 20+ years (especially small multi-family) have brought in some strong leads.

We use Turbotenant now and they offer it to the renters for a small charge.

very few if any get wealthy on small 200 a month cash flows the wealth is created with your tenants paying off your property over the long term and Appreciation .

That’s a small price to pay for an appreciating asset that could significantly increase in value over time.

There’s also a small chance this means “not done/not attempted”.