Not a ridiculous question at all, but the short answer is: there’s usually a missing step between small multifamily and large MF.Large multifamily is almost always financed based on a combination of net worth, liquidity, and operating track record, not just deal-level cash flow.

For anyone investing in Atlanta from out of state, I’ve been experimenting with a system that monitors municipal activity patterns across the city.It recently surfaced 149 properties showing early signs of neglect, th...

I suspect this will all work out as its the SS space not MF  I have been hearing SS is having similar issues as MF.

For small landlords — how are you tracking maintenance and repairs for tax time?

LTR are about 40minutes a month each for the same tracking. 

I’m making short videos mainly to hold myself accountable, track what I’m learning, and hopefully get feedback from people who have already gone through the process.The goal for me is to buy my first deal within the next 6 to12 months, but I want to make sure I’m doing it the right way and not rushing into a bad investment.So far I’ve narrowed my search down to a few markets:• Lehigh Valley (Allentown / Bethlehem / Easton)• Philadelphia and the Metro AreaMy rough strategy right now is either:• A small multifamily (duplex/triplex/Quadplex)• A house hack opportunity• Or a rental that cash flows conservativelyMy next step is to start building teams in these markets (agents, lenders, contractors, property managers, etc.) and begin analyzing deals consistently so I can really understand the numbers and neighborhoods.Right now I’m trying to analyze multiple deals every week just to build the skill set.One question I had for more experienced investors:For deal analysis I’ve been using 10% of rent for maintenance and capital expenditures combined.For example if rent is $2,000/month I’m setting aside $200/month for maintenance/CapEx.Does that seem like a reasonable estimate?

If your young professional- swimming pool, gated, workout facilities, parking, etc3.  

I’m doing research on how we all track our rentals and I keep hearing people say they’re frustrated with their current setup - whether that’s spreadsheets, QuickBooks, Stessa, Buildium, or whatever else.I’m curious: what specifically drives you crazy about what you’re currently using?

It lets you track income and expenses by property, categorize deductions for tax time, and gives you a clear view of your cash flow (positive or otherwise).

Not Tracking Expenses by PropertyMany investors track expenses in one big pool.