multifamily investing Property

[Tammy Ginsburg]

Hello,

Is it still a good time to invest into multifamily?  I am in the process of looking for my first property and I am extremely nervous. I hear so many experts, saying the market is going to crash!  

Plus, I have to sell my Condo, because I will be living in one unit and renting out the others. I hope I can get what I will asking for.  Any thoughts would be helpful.

[Paul Vail]

Quote from @Tammy Ginsburg:

Hello,

Is it still a good time to invest into multifamily?  I am in the process of looking for my first property and I am extremely nervous. I hear so many experts, saying the market is going to crash!  

Plus, I have to sell my Condo, because I will be living in one unit and renting out the others. I hope I can get what I will asking for.  Any thoughts would be helpful.

Don't worry about the news.  Worry about the numbers.  Will the rent from the other units be enough to cover your expenses?  This is not hard for you to define -- determine all of your bills and your income.  Are you going to be net positive at the end of every month?  If so, you're fine.   If not, then find a way to make the numbers work, or don't do the deal.