BiggerPockets

My husband and I really want to start investing in multi-unit rental properties (buy and hold) and are in the education process. I think the most overwhelming part right now is looking at available properties and trying to find one that will produce cash flow. I'm reading the Introduction to Real Estate Investment Deal Analysis by J Scott right now and am finding it very helpful. Are there any other tools or articles anyone recommends for evaluating a property's potential cash flow?
I'm very excited to be part of this community and am looking forward to learning more! Thanks everyone!

Welcome,

You're in a good environment for commercial / sfr properties
due to local university ( housing )

There is a ton of information throughout bigger pockets threads

Here is a few names get you started -

Frank Gallinelli ( look under Podcast tab )
and Joel Owens ( via forum threads )

Also utilizes your local library

Welcome to BP Nation Becky. There are plenty of threads to assist you in your quest for education in buy and hold. Engage the community with your specific questions.

Welcome Becky! I am new to this community as well, anyways one thing that had not been mentioned yet was the type of financing that you and your husband will want to use. Multi-unit properties are a GREAT way to produce income especially because if you find the right deal you can have one side pay for the unit while another is paying you. With that being said I just confirmed through this community yesterday that is you want to purchase a unit that has more than four units you will need to apply for commercial money. If your unit has four units or less you can use conventional money.

Hopefully this is something different for you to think about. Also I do not know if you subscribe to Money magazine but in the Jan/Feb edition there is a formula for calculating cash flow, net income, return on investment, and a few other formulas. It is in the real estate section and you can easily go and pick up that magazine or search the internet for the same thing.

Have Fun!!

Thanks everyone for the welcome! Thank you also for the suggested articles. Now I just have to get busy reading and figure out what kinds of questions I need to ask all the knowledgable people on BP.