What to Keep in Mind When Buying a Duplex, Triplex, or Quadplex

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  • Опубліковано 13 жов 2024
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    A lot of investors come to investing thinking they 100% want to invest in a duplex, triplex, or quadplex, eschewing single family homes. Their reasoning is sound, but they have skimmed over some things that they need to keep in mind when investing in these assets.
    Adam Schroeder goes over some things you need to keep front and center when evaluating these deals. Not to scare you away from investing in them, but to make sure you’re going in with your eyes wide open.
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КОМЕНТАРІ • 49

  • @arzeboj
    @arzeboj 7 місяців тому +49

    Video starts at 1:38

  • @dustinspangler956
    @dustinspangler956 2 роки тому +81

    False u can buy up to 4 with 3.5% down if u live in

    • @rocibelarmengolt9828
      @rocibelarmengolt9828 Рік тому +11

      Truth! I’m doing this right now

    • @Mark213la
      @Mark213la Рік тому +4

      I did this a year ago

    • @AndersonRamirez-pq2zj
      @AndersonRamirez-pq2zj 10 місяців тому

      I did it too

    • @prettykitty5416
      @prettykitty5416 7 місяців тому

      @@AndersonRamirez-pq2zjhow have things been going? Are you happy with your decision? Has it made you good money? I’m looking into buying one too.

  • @RodNavarroDotCom
    @RodNavarroDotCom 9 місяців тому +9

    Good content! One thing you don't mention is, the power you have to rise rent with multifamily (up to 4). If rents go up it's harder to rise if the tenant is the same. Sure, you can wait to the 12 month to end and rise for a single family but if the tenants move, you have to find another one and in that case averaging 7 years loyalty isn't helpful. And yeah, you rise rent on a rolling fashion to all 2 - 4 units, which increases your cashflow overall

  • @ShameenYakubu
    @ShameenYakubu 2 роки тому +20

    Obviously you want to use VA or FHA loans for 4 units or below in an optimal situation.

  • @DavidMonkII
    @DavidMonkII День тому

    That was a great video and added more insight to me. Thanks

  • @connorcallan4978
    @connorcallan4978 11 місяців тому +5

    This video lacked so much information about multi family homes I couldn’t even finish watching and took over 2 minutes to get into the actual video after begging for likes, comments and “hitting that bell” like every channel

  • @dfwfurnishedhousing8533
    @dfwfurnishedhousing8533 Рік тому +4

    In my market Dallas I would say they appreciate faster because they are in HIGH demand.

  • @kangaroojack7678
    @kangaroojack7678 11 місяців тому +3

    I have seen duplexes in good area s but not to often like in Texas very nice clase A area but like u said not to often and there not cheap tks for the info

  • @69mcguire
    @69mcguire 2 роки тому +14

    Fha allows multi family

    • @AdamSchroederPresents
      @AdamSchroederPresents 2 роки тому +3

      This video assumes you're buying an investment home, not a primary you rent out the additional units, which FHA requires.

  • @osrspvm123
    @osrspvm123 6 місяців тому +5

    purchased a triplex for 400k. hoping it turns out to be a good investment

    • @therealjayaura
      @therealjayaura 6 місяців тому +4

      It will be ! Trust the process

    • @jasonanderson438
      @jasonanderson438 5 місяців тому

      Where? I can't find prices like that

    • @JDB-ru4lp
      @JDB-ru4lp 5 місяців тому +1

      What city and state?

    • @Money_era
      @Money_era 5 місяців тому

      Looking to get a fourplex built for 130k

    • @therealjayaura
      @therealjayaura 5 місяців тому +1

      @@JDB-ru4lp I bought a triplex in atlanta for 320K

  • @Mark213la
    @Mark213la Рік тому +6

    Here in Dallas nobody wants to sell you there multi family

  • @jasonanderson438
    @jasonanderson438 5 місяців тому +3

    you cant buy a house for 150k, no way. pls tell me where that is happening

  • @cjplay2
    @cjplay2 2 місяці тому +1

    B+ neightborhood for 160k? You are NOT in a major suburban metro. Not even 2 years ago.

  • @HicksDonna-g8p
    @HicksDonna-g8p 6 днів тому

    Nils River

  • @stanmoney8470
    @stanmoney8470 5 місяців тому +1

    Cash flow has to be better with multi family, but some single family rentals cash flow too!

  • @sinamen516
    @sinamen516 2 роки тому +2

    Good content, I am new and hadn't considered these tips...thanks!!!

    • @RentToRetirement
      @RentToRetirement  2 роки тому

      Glad to hear you were able to take something positive away from this video!

  • @mitchelllewis9571
    @mitchelllewis9571 4 місяці тому +1

    what does the term "house hacking" mean?

    • @DavidRamirez-fi2ev
      @DavidRamirez-fi2ev 3 місяці тому

      Living under the same roof as the renters. The renters are paying you to stay there

  • @jerrycamonjr.9594
    @jerrycamonjr.9594 4 місяці тому

    You can put down 3.5% on a quadplex with a FHA loan. PS im a MLO

  • @MauricioFavero-h6h
    @MauricioFavero-h6h 20 днів тому

    Monahan Shoal

  • @MistyEubank-y9y
    @MistyEubank-y9y 28 днів тому

    Kareem Hills

  • @YoungAndrew-c9u
    @YoungAndrew-c9u 6 днів тому

    Mohamed Ports

  • @Jetsetjessica
    @Jetsetjessica Рік тому +1

    Great video

    • @RentToRetirement
      @RentToRetirement  Рік тому +1

      Thank you for the positive feedback! We are glad you found this educational.

  • @billcheng6740
    @billcheng6740 10 місяців тому

    Good

  • @WeAllWeGot333
    @WeAllWeGot333 2 роки тому

    That’s not true I have a VA loan

    • @Noama-rz4zx
      @Noama-rz4zx 2 роки тому

      Really ?

    • @AdamSchroederPresents
      @AdamSchroederPresents 2 роки тому +2

      A VA loan requires you to use it as a primary and you can choose to rent out the other rooms. This is assuming you're buying a straight up investment property you don't plan to live in

  • @ThackerayAudrey-j5g
    @ThackerayAudrey-j5g 4 дні тому

    White Anthony Anderson Amy Lee Melissa