Small multifamily investing is one of the BEST ways to get started in the real estate game. You’ll get access to the easiest financing, you can come with low money down, you can house hack, AND you can build an entire portfolio of cash-flowing rentals with just a few purchases. So, how do you know if a deal is worth the dough? James Dainard, expert investor from Seattle, Washington, is going to break down his three steps to underwriting a multifamily real estate deal.
There are three main qualities James looks at before he buys a small multifamily deal: location and asset class, local trends, and income potential. So, how do you use these three factors to figure out whether your deal is worth buying? James will show you exactly what to look for, calculate, and analyze to ensure that your deal doesn’t turn out to be a dud. Small multifamily is an AMAZING investment for beginners or experts, so stick around to get the time-tested tips on underwriting your next multifamily rental!