BiggerPockets Real Estate Podcast
Business:Investing
Small multifamily properties are one of the EASIEST ways to get into real estate investing. But, your market may be a little too pricey or lack the supply for you to invest in these “slam dunk” deals. So, where do you go? We’ve got two elite agents from the South and Midwest that can help YOU get your next killer deal in metro areas that are seeing STRONG demand, renter growth, and rising rents.
To tell us about Chicago, the “we don’t actually love deep dish” city, is Dan Nelson. Dan was recently able to access a “private listing” that was severely underpriced. He brought this deal to a rookie client of his, who ended up making a MASSIVE amount of equity on closing. We’ll also chat with Jodi Gauthier, a Houston-based agent who secured a very lucrative seller-financed deal for her client, who couldn’t get a mortgage anywhere else.
You might think these deals are too good to be true, ESPECIALLY in 2023’s housing market. But, we’re here to prove that as long as you’re in the right market, running the right numbers, with the right agent, you too can lock down these “slam dunk” small multifamily deals.
In This Episode We Cover:
Two housing markets with “slam dunk” small multifamily opportunities
Metrics to watch BEFORE you invest in a market and how to know your home will appreciate
What to do when you CAN’T find cash flow in your area (and whether or not cash flow is worth it)
Seller financing and how to buy properties when you can’t get approved for a loan
Questions to ask your agent to see whether or not they TRULY know what they’re doing
And So Much More!
Links from the Show
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Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts
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Find a BiggerPockets Real Estate Meetup in Your Area
Davids's BiggerPockets Profile
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Rob's BiggerPockets Profile
Rob's Instagram
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Rob's Twitter
Rob's YouTube
Hear Our Last “Elite Agent” Show
Barbara Corcoran’s Wild Real Estate Tactics You’ll Want to Repeat
Book Mentioned in the Show
Long-Distance Real Estate Investing by David Greene
Connect with Dan:
Dan's BiggerPockets Profile
Dan's Facebook
Dan's Instagram
Dan's LinkedIn
Dan's TikTok
Dan's Website
Connect with Jodi:
Jodi's BiggerPockets Profile
Jodi's Facebook
Jodi's Instagram
Jodi's LinkedIn
Jodi's Website
Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-817
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809: How 1 Rental Property Saved Corey Kent’s Financial Future
808: This “CARFAX for Properties” Could Change EVERYTHING About Investing w/Sheila Fejeran and Teresa Grobecker
807: How to Build a Deal Flow “Funnel” to Get UNLIMITED Deals Sent To You w/James Dainard and Sam Primm
How to Find Financial Freedom with Small Multifamily Rentals
806: How Two Soccer Moms Went from Small Multifamily to $11M Real Estate Deals w/Breanne Weber and Denise Mayen
805: 2 “Cash Flow” Housing Markets That Are On Track for Big Growth w/Brandon Ribeiro and Peter Stewart
804: What to Do TODAY to Instantly Find More Real Estate Deals
803: Building a $1.8M Real Estate Portfolio by Outsourcing Your “Weaknesses” w/Andy Gil
802: Codie Sanchez: Passive Income is a Scam, Do This Instead
801: The Secret to Building a Rental Portfolio With Limited Time, Money, or Experience
800: Million-Dollar Advice from Millionaire Investors Codie Sanchez, Alex and Leila Hormozi, and More!
799: 3 Steps to Building a Simple, Safe, "No Bank" Rental Property Portfolio w/Cody Davis and Christian Osgood
798: Leila and Alex Hormozi’s Unbelievably Simple Investing Advice
797: 7 Rentals in 3 Years by Breaking All the Real Estate Rules w/Jenni Vega
796: 2024 Housing Market Predictions and 3 Underrated Real Estate Markets to Watch
795: Making $10K/Month with a “Small and Mighty” Rental Portfolio w/Chad “Coach” Carson
BEFORE You Buy: How to Know Your Market (and Property) Will Make it In 2023 w/Dave Meyer
794: Buying Houses with $100 Down and Creative Finance Secrets Most Don't Know
793: How to Analyze a Rental Property as a COMPLETE Beginner
792.5: How to Wholesale Real Estate (FREE Audiobook Chapter)
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