New to investing and starting out with multi-family units

3 Replies

Hello all.  I'm from Virginia and have lived here most of my adult life.  I'm a small business owner, and have been for six years, so I'm hoping to get some passive income through multi-family properties.  

If you have any tips, helpful comments, or are interested in knowing more let me know.

Have a great day.


Saving is the best first step and then evaluating properties for practice until you get pre-approved by a lender.  Location is the most important factor when selecting a property.

What market are you in?  Adding a little more info to your profile will enable you to better connect to people who are most likely to be able to assist.

Hello! @Bruce Schutte

Welcome to BP, and congratulations on making the decision to invest in your future via real estate.

I have written a few blog posts that may help you get started here on BP, and with your investing. Please click on the links, give them a read, and share your thoughts in the comments.

First is a post that I feel will help not get overwhelmed with the amount of info that is here on BP:

The second is a post that will help get you focused with your real estate investing goals:

The last one is a post that will help you choose an “investor friendly” real estate agent. There are many agents out there, but it’s important to choose the right one.

I love answering questions if you have any! Good Luck :)

Free eBook from BiggerPockets!

Ultimate Beginner's Guide Book Cover

Join BiggerPockets and get The Ultimate Beginner's Guide to Real Estate Investing for FREE - read by more than 100,000 people - AND get exclusive real estate investing tips, tricks and techniques delivered straight to your inbox twice weekly!

  • Actionable advice for getting started,
  • Discover the 10 Most Lucrative Real Estate Niches,
  • Learn how to get started with or without money,
  • Explore Real-Life Strategies for Building Wealth,
  • And a LOT more.

We hate spam just as much as you