My business partner and I are in the process of ending a very successful 10+ year partnership in which we managed to build a portfolio of 50+ units through the BRRR method. 

We are moving to another home that we have renovated, and will be renting out our primary residence on a long-term lease. The rents are good in this area, and it should cash flow well. I will be managing the property ...

I only accept applications after they’ve seen the unit during one of my showing days, so it’s not that cumbersome as I only book about 12-15 appointments with maybe 4 applications received from that day.

It’s 11 studio units and 1/2 of the units need renovation.

Any time there is a need for major maintenance, say a new AC unit or a new roof, the two cousins have to coordinate and get on the same page.

Fast forward 6 years you still can get units for the same price or lower. 

I have invested for about 8 years in NYS and had over 21 units.

At the end of the 10 years you have to replace the whole unit, but how reliable is any unit after 10 years anyways?

Hi Arvin, On a 1-4 unit property, many lenders will allow up to 85% financing for an investment property purchase. 

Hi, I recently completed a gut renovation that converted a single into a multifamily where I currently occupy one of units.