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694: How to Reach Financial Freedom in 2023 with Small Multifamily Properties

694: How to Reach Financial Freedom in 2023 with Small Multifamily Properties

FromBiggerPockets Real Estate Podcast


694: How to Reach Financial Freedom in 2023 with Small Multifamily Properties

FromBiggerPockets Real Estate Podcast

ratings:
Length:
82 minutes
Released:
Nov 29, 2022
Format:
Podcast episode

Description

Small multifamily investing is one of the easiest, fastest ways to find financial freedom. We’re not talking about any “get rich quick” promises or risky businesses—thousands of real estate investors have used small multifamily rental properties to live the life of their dreams. And today, we want to help you do the same. We’ve got our multifamily millionaire, Dave Meyer,  here to share the tools of the trade! Dave was able to reach financial independence in only a few years, thanks to a small portfolio of multifamily rental properties!Even if you’re an absolute beginner in real estate, without any properties or experience, small multifamily can be one of the easiest ways to start investing. With low money down options, the ability to house hack, and big cash flow opportunities, any investor can start, or scale, a real estate portfolio with a duplex, triplex, or quadplex. And Dave will walk you through every step of the journey. From finding deals to analyzing them, financing them, and doing it again, this step-by-step process is simple to follow, and can be done in a matter of weeks or months!So, if you’re ready to build a life you love, have the financial autonomy you’ve always dreamed of, and start investing today, hit play on this episode! And, if you’re interested in using the top-tier tools Dave shows in this video, sign up for BiggerPockets Pro today! Make sure you stick around until the end of this episode—Dave will be giving away a BIG discount with a bundle of bonuses!In This Episode We Cover:How to achieve financial freedom through small multifamily investingWhy invest in multifamily rentals and not single-family homes for your first real estate dealWhere to find small multifamily properties (and how to get them at a discount!)Rental property financing and the different loans to use when closing on your first propertyHow to analyze a real estate deal in just minutes (no experience needed!)The dangers of investing in small multifamily properties and what to watch out forHow to get a discount on some of the most-used BiggerPockets tools!And So Much More!Links from the ShowFind an Investor-Friendly Real Estate AgentBiggerPockets Youtube ChannelBiggerPockets ForumsBiggerPockets Pro MembershipBiggerPockets BookstoreBiggerPockets BootcampsBiggerPockets PodcastBiggerPockets MerchListen to All Your Favorite BiggerPockets Podcasts in One PlaceLearn About Real Estate, The Housing Market, and Money Management with The BiggerPockets PodcastsGet More Deals Done with The BiggerPockets Investing ToolsFind a BiggerPockets Real Estate Meetup in Your AreaGrab the Multifamily WorksheetBiggerPockets CalculatorsFind a Lender for Your Next Real Estate DealAlready a BiggerPockets Pro Member? Get Access to Pro-Exclusive VideosBook Mentioned in the ShowReal Estate By Numbers by Dave Meyer & J ScottConnect with Dave:Dave's BiggerPockets ProfileDave's InstagramClick here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-694Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page!See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Released:
Nov 29, 2022
Format:
Podcast episode

Titles in the series (100)

Imagine you are friends with hundreds of real estate investors and entrepreneurs. Now imagine you can grab a beer with each of them and casually chat about failures, successes, motivations, and lessons learned. That’s what The BiggerPockets Podcast delivers. Co-hosted by Brandon Turner and David Greene, this podcast provides actionable advice from investors and other real estate professionals every week. The show won’t tell you how to “get rich quick” or sell you a course, boot camp, or guru system; instead, the BiggerPockets Podcast will give you real strategies that work for real people. Start listening and join the over one million members who are learning to invest so they need Bigger Pockets! Visit biggerpockets.com, and follow Joshua Dorkin @jrdorkin, Brandon Turner @BrandonAtBP and David Greene @DavidGreene24.