Since this is a post about our loan shop, I'll highlight that we are a small loan shop (30 employees), family-owned just trying to get more clients by placing their loans well and treating customers well.

I asked him a lot of questions about the business and as soon as I got home I was doing research and joining RE forums focused on multi family.

My family and I have been investing in the Reno/Lake Tahoe area for years. 

Investment Info:Single-family residence buy & hold investment.

Investment Info:Single-family residence buy & hold investment in The Villages.

Quote from @Samuel Hudson: Hello friends I am new the market and recently bought a home in Weehawken 6 months backs .Its a three family home and we are currently doing renovations Right now.The rent leveling board told me that two units would have to follow a rent of 1650 for unit 1 which has three bedrooms and another unknown amount for unit 2 which they don’t have the information for .The previous seller I purchased the property from bought it as a tax lien .He has kept the property vacant for two years with no tenants before selling it to me .However ,the previous Owner he bought it from must have had tenants .I am putting in a lot of money into renovations and want some clarity on the situation I am in .The property has been vacant for the two years and currently still is as we are doing renovation .It would be really appreciated if anyone can assist me on what information needs to be provided by from the previous seller for me to be able to set the rent based on the market value .Thank you . 

Having a group of friends living in an apartment complex creates a sense of community and reduces turnover.

You've demonstrated success on your current duplex, so friends/family may be excitted to join in on the next.Congrats on the success so far,-Steve

Multifamily is not as volatile as single family because when the real estate markets experience any type of correction, people flee to multifamily residences.

Limiting leverage, for any loan ever = reducing lender exposure/risk.