Multifamily & Apartment Investing Forum

Cashflow Vs. Neighborhood
Multi-Family and Apartment Investing
Cashflow Vs. Neighborhood

Keep a strong cashflowing property or get out of a declining neighborhood to redeploy the capital? I have a 9-unit multifamily property that is currently cashflowing very well. However, the neighborhood it is in has been trending downward in terms of the number of homeless residents in the area. ...

Multi Family and Apartment Investing
Multi-Family and Apartment Investing
Norfolk, Virginia
Multi Family and Apartment Investing

I’m looking for some advice from investors who have made the transition from single-family rentals into small multifamily/apartment properties. I currently own a few single-family rentals and I’m considering moving into the 4–10 unit/small commercial multifamily space for my next investment. One ...

Section 8 success
Multi-Family and Apartment Investing
Section 8 success

My mom has a 12 plex of all large 1 bedroom in a working part of dfw. She has taken sec 8 for over 10 years and tenants have stayed and for the most part not trashed the units. How do we find more sec 8 tenants. We have a 3rd party mgt who will syndicate and she has advertised on affordable housi...

Under Contract on a 4plex
Multi-Family and Apartment Investing
Denver, Colorado
Under Contract on a 4plex

I am UC on a 4 plex and there is everything wrong with this property. Major Foundation issues: - floors diving all over the place - cabinets separated from the floors by 5 inches in one spot - sewer line previously broke in foundation (they jackhammered floors, and replaced broken portion, but di...

Small multifamily investing
Multi-Family and Apartment Investing
Baltimore, Maryland
Small multifamily investing

Hi ALL, I am moving towards starting my real estate investment business. I currently own a plumbing and HVAC service business. I am looking for any insight and perhaps even looking for anyone who wants to partner, lenders, etc. I have a business plan in place and now it's just a matter of putting...

Do Duplexes Actually Build Wealth? I Tracked 828 St. Paul Properties
Multi-Family and Apartment Investing
St. Paul, Minnesota
Do Duplexes Actually Build Wealth? I Tracked 828 St. Paul Properties

I matched 828 St. Paul small multifamily buildings that sold twice since 2012, and here's what the owners actually made. Most appreciation numbers are averages of different properties in different years, which means changes in the mix of what sold get counted as changes in value. Repeat sales avo...

Owner/operators — how do you keep a handle on your portfolio as you scale?
Multi-Family and Apartment Investing
Owner/operators — how do you keep a handle on your portfolio as you scale?

Hi all - Posting this as someone who spent almost 20 years on the lender side of CRE, a large part of it in the multifamily asset management space (portfolio management/credit risk/loss mitigation, etc) Quick clarification since this term can get used loosely; I'm referring to asset management on...

Multifamily investing in Dallas
Multi-Family and Apartment Investing
Dallas, Texas
Multifamily investing in Dallas

Hey all I am just wondering if you guys could tell me about how I could start with small multifamily and get into larger apartments in the Dallas area.

The Return of the Value-Add Strategy
Multi-Family and Apartment Investing
The Return of the Value-Add Strategy

Let's talk about value-add. After a few challenging years of higher interest rates, rising insurance and construction costs, and tighter underwriting, we're starting to see investors take another look at value-add multifamily opportunities. Berkadia's 2026 Multifamily Investor Sentiment Survey fo...

Rochester multifamily: $18,300 in annual rent on a $97,000 duplex—what’s left?
Multi-Family and Apartment Investing
Rochester, New York
Rochester multifamily: $18,300 in annual rent on a $97,000 duplex—what’s left?

$18,300 in annual rent on a $97,000 Rochester duplex. What do you actually keep? I went back through some of our Rochester multifamily listings. Three examples show why I want to see more than the asking price and monthly rent before deciding whether something looks interesting. I’m leaving the a...

Lets talk Property Management
Multi-Family and Apartment Investing
Lets talk Property Management

I think every investor eventually asks this question: “Should I manage the property myself?” I've done the math in my head too. Why pay someone else when I can do it myself? Then you get a tenant calling at 2:00 AM because something is leaking... Suddenly that management fee doesn't look so bad. ...

Buying a Business with RE but Looking to Sell the RE to an Investor
Multi-Family and Apartment Investing
Seattle, Washington
Buying a Business with RE but Looking to Sell the RE to an Investor

Hi everyone! My name is Jessi, and I'm a small business acquirer. I'm currently looking at a business acquisition that includes real estate. The business operates out of the real estate (office space), but the business sellers want a certain value for the real estate that the business's cash flow...

What actually happens after your offer/LOI is accepted?
Multi-Family and Apartment Investing
What actually happens after your offer/LOI is accepted?

I'm trying to understand the acquisition process beyond the numbers. Suppose you submit an LOI, the seller accepts your price and terms, and you move toward a purchase contract. What are the major things experienced investors are doing during that period? I mean: Due diligence Financing Property ...

New York Investors, Looking to Connect
Multi-Family and Apartment Investing
New York Investors, Looking to Connect

I’m actively looking to invest in real estate in New York and would love to connect with investors, property owners, agents, and wholesalers who are working on opportunities in the area. I’m open to hearing about different types of properties, including: • Multifamily • Mixed-use • Value-add oppo...

First Time Syndicating Investors for a MultiFamily Deal
Multi-Family and Apartment Investing
Gilbert, Arizona
First Time Syndicating Investors for a MultiFamily Deal

Hello everyone, my business partner and I have a Ground-Up Duplex Development opportunity we need funding for. This is our first structuring a deal and syndicating for investors. We are in the cosntruction phase right now on the same deal we are looking to rinse and repeat. The numbers work with ...

Who is doing small multi-family rentals in Virginia beach or nearby towns?
Multi-Family and Apartment Investing
Virginia Beach, Virginia
Who is doing small multi-family rentals in Virginia beach or nearby towns?

I'm looking to connect with people that have experience in the area with renting out multi-family properties like 2-4 unit houses and I plan on living in one of them. I'm looking for good neighborhoods to invest in and referrals to property managers and real estate agents in the area. Thanks BP.

Taking Over a 50-Unit Mom-and-Pop Apartment Complex With Poor Records
Multi-Family and Apartment Investing
Taking Over a 50-Unit Mom-and-Pop Apartment Complex With Poor Records

Taking Over a 50-Unit Mom-and-Pop Apartment Complex With Poor Records We currently have a 50-unit apartment complex under contract and I'm looking for advice from anyone who has taken over a property from a very old-school mom-and-pop operator. The property has been owned by the same owner since ...

Cincinnati, Columbus, or Cleveland?
Multi-Family and Apartment Investing
Cincinnati, Ohio
Cincinnati, Columbus, or Cleveland?

What are the best markets in Ohio with comparatively high appreciation YOY? Is there investors in any of these areas that see any of their portfolio any appreciation trends that may surprise those who originally had only cash-flow intentions? My Pre-investing Rankings (Personal Market Analysis) 1...

From FHA House Hack to VA Multifamily: What Would You Do Next?
Multi-Family and Apartment Investing
Austin, Texas
From FHA House Hack to VA Multifamily: What Would You Do Next?

Hi everyone 👋 I’m Diana, 25 years old, and looking to learn more about multifamily investing. My husband and I bought our first home in 2022 using an FHA loan while I was in college and house hacked it. That property is now a rental, and we’re hoping to use our VA loan for our next purchase. Our ...

6 Units for $625K in Reno, NV
Multi-Family and Apartment Investing
Reno, Nevada
6 Units for $625K in Reno, NV

Another “hidden” deal buried in the MLS. Just sold this 6-unit property in Sparks for $625,000 with seller financing. 4 two-bedroom units and 2 one-bedroom units. Clear path to an 8% cap rate. The interesting part? It wasn’t on Crexi. It wasn’t on LoopNet. It wasn’t on Zillow, Realtor, Redfin, et...

📈 CapEx Planning: Spend Smarter, Create More Value
Multi-Family and Apartment Investing
📈 CapEx Planning: Spend Smarter, Create More Value

One thing I’ve learned from owning and operating multifamily properties is that CapEx should never be reactive. Before you start spending, you need to know what the property really needs, what can wait, and which improvements will actually create value. The goal isn’t just to make a property look...

Vetting a property inspector
Multi-Family and Apartment Investing
Cleveland, Ohio
Vetting a property inspector

What is the best way to properly vet a property inspector for Out of state investing?

Want to invest in multi-family in Tallahassee area, want to make connections
Multi-Family and Apartment Investing
Tallahassee, Florida
Want to invest in multi-family in Tallahassee area, want to make connections

I work in tech with no previous experience or connections in real estate. I did couple of SFH rentals which are actually doing well. But my goal is to get into multi-family in the Tallahassee FL area particularly around the colleges/downtown area. Problem is there are no real estate related meetu...

DSCR Investors: Which Would You Choose?
Multi-Family and Apartment Investing
DSCR Investors: Which Would You Choose?

Option A: Lower interest rate, but more money tied up in the property. Option B: Higher interest rate, but less cash required upfront. Assume both properties have similar rents, expenses, and long-term potential. There are obviously more variables in a real deal, but I'm curious how investors thi...

$215K gap between asking price and what the numbers support — 6-unit Multifamily
Multi-Family and Apartment Investing
$215K gap between asking price and what the numbers support — 6-unit Multifamily

Ran an independent underwriting pass on a 6-unit multifamily listing in Parsons Ave, Columbus, OH — thought I'd share since the reconciliation issue is a good example of why I don't take listing NOI at face value. Listed at $1.2M. Income minus expenses actually didn't equal the seller's stated NO...