What if you could create multiple income streams and live for “free” with just ONE rental? Today, we’ll show you why a small multifamily property is still one of the best investments you can make and how buying one in 2025 could catapult you toward financial freedom!
Welcome back to the Real Estate Rookie podcast! With less competition than both single-family homes and large multifamily properties, small multifamily is the “sweet spot” for investors looking to break into real estate and buy their first rental property. Ashley started her investing journey with a duplex and still believes this is the best investing strategy for rookies today. In this episode, she will show you how to find and buy your first small multifamily property, step by step!
Along the way, you’ll learn everything from developing your buy box and analyzing rental properties to getting the best financing terms with the house hacking strategy. But that’s not all. Once you have your property under contract, you’ll need to know how to find and manage tenants, so we’ll share the biggest (and most common) multifamily management mistakes to avoid!
Tony:
If you are a brand new investor who’s stuck at the starting line or even maybe a more experienced investor wondering what your next move is, you’re in for a treat today because we’re asking kind of a simple but powerful question. What would Ashley care do if she had to start over right now? No properties, no connections, just the knowledge that she has today.
Ashley:
Yeah, it’s kind of a fun thing to think about this little experiment of starting over and what I do, and even though Tony and I get shiny object syndrome by talking to new investors every week, I can honestly say that I would still start with a small multifamily.
Tony:
And today we’re digging into exactly why small multifamily still makes maybe the most sense in today’s market for Ricks. And Ashley’s going to give a step-by-step playbook of what she would do…