5 Things I Wish I Knew Before My First Multifamily Deal

Buying my first multifamily deal was life-changing, but I quickly learned how much I didn’t know. Mistakes cost me thousands, but they also taught me valuable lessons that helped me build a portfolio, leave my corporate job, and mentor others. Here are 5 lessons I wish someone had told me before I got started. Learn more here: https://www.commercialpropertyadvisors.com/my-first-multifamily-deal/

In this video, you'll learn:

- How cash flow and cash reserves can make or break your investment
- Why property management is worth every penny—and the costly mistake I made
- The importance of knowing the neighborhood
- How to overcome analysis paralysis and take action
- Why starting small might be the smartest move for new investors

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00:00 What I Wish I Knew BEFORE My First Multifamily Deal
01:18 Lesson 1: Cash Flow Is King, but Cash Reserves Are the Throne
03:16 Lesson 2: Property Management Will Make or Break You
05:28 Lesson 3: Know the Neighborhood Better Than Your Broker
07:07 Lesson 4: You Don’t Need to Know Everything—Just Enough to Get Started
10:01 Lesson 5: It’s Okay to Start Small