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Multifamily Strategy Community
3.2k members • $1/month
79 contributions to Multifamily Strategy Community
13d •
Bad deals?
I am new here and almost finished the course now. I have started looking for some deals but I keep getting the numbers and running them and I find lots of these places just don't pan out. I have one that has an expense ratio of 40% gross rents but then it fails miserably the DSCR ratio and the cap rate isn't great. Am I doing othis wrong or is there just lots of bad deals out there?
1 like • 6d
It is common that 90% of on market listings are bad deals if you buy at the asking price. It only becomes a good deal when you determine what price or financing structure improves the numbers. Make that your offer.
27d •
Major wins
Garrison Haddon closed on a 28-unit and NichKRagland-Johnsen Closed on a 14 Unit this Week. We also had a ton of deals go under contract in the last week within this community, so I just wanted to give huge congratulations to everyone. This is what it's all about, though. It's about seeing people close larger deals than they were previously doing and then going out and repeating it again and again. Garrison's done a lot of transactions where this is his biggest deal. This is also Nick first commercial multi-family deal. Way to go, you guys!
3 likes • 26d
And I’m working towards a big refinance after a long of effort improving a property! This is the end half of the game that isn’t showcased as much as closing on new deals. However it’s equally important and is where the big money is made!
Jul 8 •
Multifamily
As a beginner in the game how many units should I aquire for the start or how many units do you guys think I should acquire with having no team and absolutely no experience? What do you guys think?
1 like • 30d
If you feel ambitious and ready to leap into it aggressively, 5-12 units. If you want to take it a little more slowly, 4 units is perfect. The largest you can go while still having a 30 year conventional loan as an option. If you can’t find a quadplex, then 2 or 3 units.
0 likes • Jun 27
What do you need help with, specifically?
Jun 19 •
Remodel complete!
My first time doing a full bathroom remodel. This, plus a few other upgrades in the unit, led to a $250 rental increase. This is in my first ever multifamily building, a humble little duplex. What do you think?
0 likes • Jun 20
@Saravanan Rangaswamy thank you!
1-10 of 79
@matthew-wang-5303
My goal is to move extremely fast to reach financial freedom in only 2 years! Based in the Seattle/Olympia area.
Add me on Facebook or Instagram!
Active 1d ago
Joined Mar 14, 2025
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