So why multifamily investing? Let’s take a look at the business model in a very simple way.
As a multifamily investor, you borrow other people’s money to buy a property. You hire a property manager to manage the property. The tenants pay the debt for you, and the extra money left over goes in your pocket.
Talk about leverage! You’re leveraging other people’s time, money, and resources! But this doesn’t mean you’re the only one winning in this game. When done correctly, everyone wins.