Episode #817
Find an Investor-Friendly Agent in Your Area:
http://biggerpockets.com/agentmatch
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.
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Expand Your Investing Knowledge With the BiggerPockets Books:
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Find an Investor-Friendly Agent in Your Area:
http://biggerpockets.com/agentmatch
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Find Investor-Friendly Lenders:
http://biggerpockets.com/findlenders
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Hear Our Last “Elite Agent” Show:
https://www.biggerpockets.com/blog/real-estate-805?utm_source=youtube&utm_medium=description&utm_campaign=none
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Barbara Corcoran’s Wild Real Estate Tactics You’ll Want to Repeat:
https://www.biggerpockets.com/blog/real-estate-763?utm_source=youtube&utm_medium=description&utm_campaign=none
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Grab David’s Book, “Long-Distance Real Estate Investing”:
https://store.biggerpockets.com/products/long-distance-real-estate-investing?utm_source=owned_media
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Connect with Dan:
BiggerPockets: https://www.biggerpockets.com/users/dann13?utm_source=youtube&utm_medium=description&utm_campaign=none
Facebook: https://www.facebook.com/DanLovesHouses/
Instagram: @danloveshouses or https://www.instagram.com/danloveshouses/
LinkedIn: https://www.linkedin.com/in/dannelson100/
TikTok: @danloveshouses or https://www.tiktok.com/@danloveshouses
Website: https://www.danloveshouses.com/
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Connect with Jodi:
BiggerPockets: https://www.biggerpockets.com/users/thisislivin?utm_source=youtube&utm_medium=description&utm_campaign=none
Facebook: https://www.facebook.com/Thisislivinhomes
Instagram: @thisislivin_homes or https://www.instagram.com/thisislivin_homes
LinkedIn: https://www.linkedin.com/in/thisislivin-properties-b27a6018a/
Website: https://thisislivinhomes.com/
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Connect with David and Rob on BiggerPockets:
David: https://www.biggerpockets.com/users/davidgreene24?utm_source=youtube&utm_medium=description&utm_campaign=none
Rob: https://www.biggerpockets.com/users/robuilt?utm_source=youtube&utm_medium=description&utm_campaign=none
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Connect with Rob (Robuilt):
Instagram: https://www.instagram.com/robuilt/
TikTok: https://www.tiktok.com/@robuilto
Twitter: https://www.twitter.com/robuiltchannel
YouTube: https://www.youtube.com/c/Robuilt
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Follow David and BiggerPockets on Instagram:
@davidgreene24 or https://www.instagram.com/davidgreene24/
@biggerpockets or https://www.instagram.com/biggerpockets/
Show notes at: https://www.biggerpockets.com/blog/real-estate-817?utm_source=youtube&utm_medium=description&utm_campaign=none
00:00 Intro
02:23 Quick Tip
02:41 Meet the Agents
04:12 Chicago
09:27 Houston
14:51 No Cash Flow? What to Do
21:06 Seller-Financed Short-Term Rental
29:13 The "Drywall" Duplex
38:15 Average Agents WON'T Get Deals
43:11 Connect with Dan and Jodi!
Did you miss our previous article...
https://trendinginrealestate.com/where-to-buy/house-hunters-2023-s460e08-clear-skies-in-arizona-new