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

BiggerPockets Real Estate Podcast

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 investing

Why invest in multifamily rentals and not single-family homes for your first real estate deal

Where 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 property

How 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 for

How to get a discount on some of the most-used BiggerPockets tools!

And So Much More!

Links from the Show

Find an Investor-Friendly Real Estate Agent

BiggerPockets Youtube Channel

BiggerPockets Forums

BiggerPockets Pro Membership

BiggerPockets Bookstore

BiggerPockets Bootcamps

BiggerPockets Podcast

BiggerPockets Merch

Listen to All Your Favorite BiggerPockets Podcasts in One Place

Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts

Get More Deals Done with The BiggerPockets Investing Tools

Find a BiggerPockets Real Estate Meetup in Your Area

Grab the Multifamily Worksheet

BiggerPockets Calculators

Find a Lender for Your Next Real Estate Deal

Already a BiggerPockets Pro Member? Get Access to Pro-Exclusive Videos

Book Mentioned in the Show

Real Estate By Numbers by Dave Meyer & J Scott

Connect with Dave:

Dave's BiggerPockets Profile

Dave's Instagram

Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-694

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