Using Duplexes, Triplexes, and Fourplexes to Find Financial - PowerPoint PPT Presentation

How Do I Analyze a Duplex, Triplex, or Fourplex? Income - Expenses = Cash Flow

Income Rent Laundry income Storage income

Expenses • Taxes • Loan Point/Fees • Insurance • Management Fees • Water • HOAs • Sewer • PMI • Garbage • Repairs • Flood Insurance • Capex • Electricity • Vacancy

How Do I Analyze a Duplex, Triplex, or Fourplex? Let’s look at 2 methods:

2.) BiggerPockets Analysis Tools

A quick summary of where we’re at: •Special gifts •About Me/About BP •Why Duplex, Triplexes, and Fourplexes (2/3/4s) •How 2/3/4s can help you find financial freedom •Where to find great deals on 2/3/4s •Financing a 2/3/4 •Analyzing a 2/3/4 •What to watch out for with 2/3/4s •Pro tools you can use in your 2/3/4 journey •Final “Door Prizes” •Question & Answer

Dangers to Be Aware of When Investing in Duplexes, Triplexes, and Fourplexes

Dangers to Be Aware of When Investing in Duplexes, Triplexes, and Fourplexes 1.) The condition of the property, and location, matter more than you think.

Dangers to Be Aware of When Investing in Duplexes, Triplexes, and Fourplexes 2.) Multifamily properties require more landlording than single family homes.

Dangers to Be Aware of When Investing in Duplexes, Triplexes, and Fourplexes 3.) Just because it’s a duplex/ triplex/fourplex doesn’t mean it’s a good deal. 
 You’ve got to do your math!

Dangers to Be Aware of When Investing in Duplexes, Triplexes, and Fourplexes 4.) Fear can cause you to never start, causing you to miss out on the greatest gifts life has in store for you.

Special Gift: www.BiggerPockets.com/DuplexBook

Investing in real estate can often feel like this:

BiggerPockets is here to help you NOT jump o fg a cli fg , but to walk a well traveled path.

This is not just theory. This is how thousands of real estate investors, including myself, have found financial freedom.

So… here are three big questions:

Do you have some ideas of how you will start looking for duplexes, triplexes, or fourplexes?

Do you have some ideas on how you’ll finance those investments?

Do you know how to properly analyze deals to ensure positive cash flow?

Well - here’s some (potentially) bad news:

“If more information was the answer - we would all be billionaires with perfect abs.” -Derek Sivers

“If you really want to do something, you’ll find a way. If you don’t, you’ll find an excuse.” - Jim Rohn

I don’t know why you came here today.

I don’t know why you came here today. Tired of working your full-time job Need to start preparing for your future retirement Tired of being a “wantrapreneur.”

Our goal at BiggerPockets is to make you reach your financial goals through real estate. So we’ve created some incredible tools to help you get there faster and with less pain.

BiggerPockets Pro

PRO Tools on BiggerPockets

PRO Tools on BiggerPockets The BiggerPockets Property Analysis Software