Recommendation on how to get into Multi-Family Investing
I looking to scale up. I would like to move to Multi-Family investing. I'm just not sure how to get into it. Looking for suggestion on meet-ups. I have read books on it. But you can't has a book questions. I'm kind of stuck. Any suggestion or recommendations would really help.
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Start by learning the math. It’s easy to find spreadsheets online, but I recommend learning to making your own DCFs, projections, and stuff like that. You’ll learn a lot. It’s important to use realistic numbers. Here’s what I do: I find a property and put all the financials into my spreadsheets and am blown away by how much money I will make. Then I put in realistic numbers and realize it’s a dog. Then, I go out for a beer with my friends.