New investor learning the ropes

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Allie McAlister
Memphis, TN · Member since 2024 · 180 posts · 223 votes
10mo
Quote from @Angela Petri:

I have a house I am currently making into an Air BNB, but I want to start buying duplexes, triplex, etc to build my portfolio. 


Hey Angel! Congrats on getting started. That’s exactly how a lot of investors begin - one property at a time. If you ever want to see how small multis perform in other markets like Memphis, I’d be happy to share a few examples for comparison. 

Best of luck!

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  • Matt DingusBusiness Member
    Real Estate Agent · Pittsburgh, PA · Member since 2020 · 82 posts · 76 votes
    10mo

    Hey Angela - That's a solid idea on converting the home to a BnB. If you're looking to buy 2-4 units, I would definitely suggest checking out the Pittsburgh market. Obviously, I'm biased but it's a great market to invest in. Great combination of cash flow as well as appreciation. Would love to connect if it'd help you at all. I have a ton of experience working with newer investors as well, so I'm happy to help you along the way.

    [email protected]412-613-0018
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  • Allie McAlister
    Memphis, TN · Member since 2024 · 180 posts · 223 votes
    10mo
    Quote from @Angela Petri:

    I have a house I am currently making into an Air BNB, but I want to start buying duplexes, triplex, etc to build my portfolio. 


    Hey Angel! Congrats on getting started. That’s exactly how a lot of investors begin - one property at a time. If you ever want to see how small multis perform in other markets like Memphis, I’d be happy to share a few examples for comparison. 

    Best of luck!

    1Reply
  • Logan Lambert
    Lender · Kingsville, MD · Member since 2023 · 103 posts · 35 votes
    10mo
    Quote from @Angela Petri:

    I have a house I am currently making into an Air BNB, but I want to start buying duplexes, triplex, etc to build my portfolio. 


     Hey Angela,

    Hope your Air BNB is successful. What area do you plan on buying?

    0Reply
  • Julian Rodriguez
    Lender · Seal Beach, CA · Member since 2025 · 1 post · 0 votes
    9mo

    HI Angela! Welcome to the community! There are a lot of great creative investment loan options to help you get started and scale from there. If you ever need some insight into financing options feel free to reach out! 

    0Reply
  • Adam TafelBusiness Member
    Real Estate Agent · St. Paul, MN · Member since 2017 · 561 posts · 388 votes
    1mo

    Hey there! I’ve been a Superhost in St Paul since 2015, my best performing property is a triplex in Cathedral Hill. DM me anytime, always happy to chat.

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  • Arman AhmedPro Member
    Real Estate Agent · Columbus Cleveland Dayton, OH · Member since 2024 · 2k+ posts · 890 votes
    1mo
    Quote from @Angela Petri:

    I have a house I am currently making into an Air BNB, but I want to start buying duplexes, triplex, etc to build my portfolio. 


    You’re already on the right track by getting your first property going. Once you’re comfortable with the Airbnb side, I’d start looking at small multifamily and focus on buying based on the numbers rather than just the location. Since you’re in St. Paul, you could also look at nearby Midwest markets where duplexes and small multifamily can offer lower entry points and solid cash flow. Building a reliable local team early will make scaling much easier, especially if you eventually invest out of state.

    [email protected]614-418-6081
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