Sign up to save your podcasts
Or
Share Pros and Cons of Smaller Multifamily Investments
Share to email
Share to Facebook
Share to X
Share to email
Share to Facebook
Share to X
Or
Pros and Cons of Smaller Multifamily Investments
We love giving back!
Summary:
Timestamps:
About Garret Wong
Connect with Garret:Facebook
LinkedIn
Instagram
Get Involved:
Contact:
Check out our online Community HERE where you can learn how to purchase your first property, manage your existing property, or scale your portfolio!
Podcast Episode Title:"Pros and Cons of Smaller Multifamily Investments "
Summary:
Duplexes, triplexes, and fourplexes. These properties offer a great balance between single-family homes and large apartment complexes, but they also come with unique challenges. We’ll discuss zoning laws, fire safety regulations, rent control implications, and key factors every investor should consider before purchasing a smaller multifamily property.
Timestamps:
[00:00:00] Introduction: why smaller multifamily buildings are worth considering.
[00:02:30] Why Invest in Smaller Multifamily Buildings? – Cash flow potential, scalability, and market advantages.
[00:05:30] Key Challenges and Regulatory Considerations – Fire safety laws, zoning issues, and licensing requirements that investors must be aware of.
[00:8:00] Rent Control and Financial Implications – Understanding how rent control affects profitability, particularly in Manitoba.
[00:10:00] Key Takeaways & Final Thoughts – Summarizing the pros and cons, plus actionable tips for investors.
About Garret Wong
Garret Wong is the founder of the My First Keys podcast, the Rent It Yourself Community and a seasoned property manager with nearly 30 years of experience. Originally a research scientist specializing in molecular biology, Garret transitioned into property investment, where he’s grown a personal portfolio of 43 buildings and 75 doors into a property management company that has managed over 1 billion dollars in assets with a 98.5% success rate in legal proceedings and a 98.6% rent collection ratio.
Known for his practical approach and strategic insights, Garret has developed an extensive SOP library to manage everything from tenant selection to maintenance, helping landlords and property managers build a reliable, resilient system.
Connect with Garret:
My First Keys
Personal Website
Wong Capital
Get Involved:
Subscribe to My First Keys and follow us on social media for the latest updates.
Contact:
For feedback or questions, reach us at https://garretwong.com/contact/
View all episodes
By Garret WongWe love giving back!
Summary:
Timestamps:
About Garret Wong
Connect with Garret:Facebook
LinkedIn
Instagram
Get Involved:
Contact:
Check out our online Community HERE where you can learn how to purchase your first property, manage your existing property, or scale your portfolio!
Podcast Episode Title:"Pros and Cons of Smaller Multifamily Investments "
Summary:
Duplexes, triplexes, and fourplexes. These properties offer a great balance between single-family homes and large apartment complexes, but they also come with unique challenges. We’ll discuss zoning laws, fire safety regulations, rent control implications, and key factors every investor should consider before purchasing a smaller multifamily property.
Timestamps:
[00:00:00] Introduction: why smaller multifamily buildings are worth considering.
[00:02:30] Why Invest in Smaller Multifamily Buildings? – Cash flow potential, scalability, and market advantages.
[00:05:30] Key Challenges and Regulatory Considerations – Fire safety laws, zoning issues, and licensing requirements that investors must be aware of.
[00:8:00] Rent Control and Financial Implications – Understanding how rent control affects profitability, particularly in Manitoba.
[00:10:00] Key Takeaways & Final Thoughts – Summarizing the pros and cons, plus actionable tips for investors.
About Garret Wong
Garret Wong is the founder of the My First Keys podcast, the Rent It Yourself Community and a seasoned property manager with nearly 30 years of experience. Originally a research scientist specializing in molecular biology, Garret transitioned into property investment, where he’s grown a personal portfolio of 43 buildings and 75 doors into a property management company that has managed over 1 billion dollars in assets with a 98.5% success rate in legal proceedings and a 98.6% rent collection ratio.
Known for his practical approach and strategic insights, Garret has developed an extensive SOP library to manage everything from tenant selection to maintenance, helping landlords and property managers build a reliable, resilient system.
Connect with Garret:
My First Keys
Personal Website
Wong Capital
Get Involved:
Subscribe to My First Keys and follow us on social media for the latest updates.
Contact:
For feedback or questions, reach us at https://garretwong.com/contact/