The Beginner’s Guide to Small Multifamily Real Estate Investing

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Small multifamily real estate investing could be your quickest path to financial freedom. These properties, from duplexes to quadplexes, typically offer higher cash flow and scaling opportunities than traditional single-family rentals, with less competition. After a decade in the game, it's still Dave Meyer's top investment strategy. Wondering how to get started?

This episode lays out three beginner-friendly steps to dive into small multifamily investing. Anyone can break into this financial freedom-enabling asset class—even without prior experience. We'll explore why small multifamily rentals are the ideal entry point for new investors and tackle the biggest hurdles to landing your first deal.

We don't just talk theory; we'll take you inside a real small multifamily property on the market. Stick around as we show you how to use the BiggerPockets Rental Property Calculator to analyze this live example, giving you the tools to run the numbers on ANY small multifamily property you come across. Whether it's your first or next rental, small multifamily properties might be your best wealth-building move yet. By the end of this episode, you'll be equipped with everything you need to start investing confidently.

00:00 Intro

01:42 PRO CODE

03:02 The Road to Financial Freedom

5:15 What Stops People from Investing

10:01 Why Buy Small Multifamily?

13:08 1. How to Find Deals

15:29 2. How to Analyze Them

25:52 3. How to Finance Them

29:22 Push Past Fear

32:18 BiggerPockets DISCOUNTS!

28:53 PRO CODE

[TheZeedler]

Love your stuff, Dave! Closing on fourplex #2 on 08/30/24! Thanks to BP for teaching me how to do it. Been watching since the early Brandon Turner days. Really appreciate you boys. Keep it up!

[danielalejandro]

I honestly don’t understand where people are coming up with $1000 insurance for a year??? I work with insurance and I don’t think I’ve sold a policy for less than $1800. Average is $2000-$3000. Even more if it’s a rental property.

It’s very misleading to come up with those numbers. I’m in Minnesota and we had the highest amounts of claims past year and therefore some of the highest insurance rates.

[ryancur-yl]

STOP TRYING TO MAKE THE CONTENT LONGER THAN IT NEEDS TO BE! Took you took about the 12th minute to get to anything of value! There's more filler here than a $ .99 hot dog!

[javanjordan]

Anyone still making this work in California? Numbers and ROI much different.

[eddiecaballero]

I really need to get started I really need this..

[Muriel-]

I'm starting to think about investing in real estate, especially with this crazy market. I've been looking into large family properties.

[RodrigoGarcia-omhr]

Is "Show me the Money", "De-Mystifying the House Market", "Ace your analysis" Bonus gifts still offered with this code? 😅

[cameronhall]

I need some creative financing for mixed use multifamily/commercial that will cash flow off the rip.

[josephstevsns]

I live in Ohio I am looking at a five unit apartment building and I am having a hard time finding insurance. the most recent quote that I've gotten has been for $6, 000 a year does anybody have any recommendations?

[KINGSHIPintL]

Is there a customer service number or representative I can

[Sara]

Actually, you should monitor those friendly real estate agents in the biggerpocket because one of them was from Texas I’m not sure I think he was from San Antonio and he was a manipulator with due respect for other agents and he was messing with me .I think it is better to put an option on how would you rate this real estate agent that responded to you or you contact and we will respond anonymously.