Small multifamily investing is one of the fastest ways to reach financial freedom through real estate. With just a few multifamily rental properties, you can create passive income streams that’ll allow you to retire from your W2 job, go fulltime into real estate investing, or have enough money to do whatever you want, whenever you want. Don’t think it’s still possible? Dave Meyer, multifamily investor and VP of Data and Analytics at BiggerPockets, may change your mind.

Dave started investing in real estate by buying a couple of small multifamily rentals within a block of each other. He lived in one of the units while renting out the others, allowing him to live for free and collect some sizable cash flow. Now, years later, Dave is collecting around $5,000 per MONTH from just these two properties. And if you invest in small multifamily rentals, you could experience the same cash flow!

If you want to invest like the experts and use the tools and calculators from this episode, sign up for BiggerPockets Pro and use code “YTFAMILY20” for a discount: https://www.biggerpockets.com/members...

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Tools Used/Mentioned in This Episode:
Rental Property Calculator: https://www.biggerpockets.com/rental...
Rent Estimator: https://www.biggerpockets.com/insight...
DealMachine: https://www.dealmachine.com/bp
ListSource: https://www.listsource.com/
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Grab the Small Multifamily Slides and Worksheet:
Slides: https://www.biggerpockets.com/files/u...
Worksheet: https://www.biggerpockets.com/files/u...
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Hear Dave on The “On The Market” Podcast Wherever You Listen to Podcasts:
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Apple Podcasts: https://podcasts.apple.com/us/podcast...
Spotify: https://open.spotify.com/show/2NlzZ9N...
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Connect with Dave on BiggerPockets:
https://www.biggerpockets.com/users/d...
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Follow Dave and BiggerPockets on Instagram:
@thedatadeli or   / thedatadeli  
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Show notes at: https://www.biggerpockets.com/blog/re...


00:00 Intro

02:23 Invest in SMALL Multifamily

06:22 Find Financial Freedom

12:03 The Data Deli!

13:33 BIG Cash Flow, Small Properties

20:12 The Financial Freedom Formula

22:56 Finding the Deal

29:35 Financing the Deal

36:06 LIVE Deal Analysis

55:59 Dangers to AVOID

01:00:15 This Makes Investing EASIER