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Multifamily Strategy Community

2.4k members • Free

62 contributions to Multifamily Strategy Community
How old is too old?
What age of a MF is too old? I'm researching MF that are in Columbus OH and many are 1970-1980.Most have major capex reno done (roof etc) but I wonder what or if there is a bldg age that I should turn away from?
0 likes • 1d
My first little apartment is 99 years old. Turns 100 next year. No such thing as too old. You’ll have to learn how to renovate them and maintain them, but that’s part of the game. Value add buildings are often where the most money is made!
Robinhood event
Who is going to the event this year? Will be fun to see everyone
1 like • 4d
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New 5 Plex secured
I joined Multifamily Strategy in Q3 of 2022. Prior to year's end I purchased my first 14 units with 2 other partners, owner financed. In Dec of 2024 I bought a single family and empty lot, intending to flip. When the sell didn't go through, I pivoted to turn it into a rental and easily cash flowed. In January, I went full time self employed. I run my own engineering company and real estate. In March I bought a 6 plex. As of yesterday, I closed on a 5 plex with no money out of pocket. Currently buying a 38 unit Motel to convert into efficiency units. I've got another 25 unit apartment complex the owner is ready to sell to me, but I'm running out of capacity and liquid cash. Lessons Learned 1) Real Estate has easy concepts, but it's hard work. "Passive Income" is more like front-loading all the work. One day it may be fairly passive, but it takes a bunch of work to get there. 2) Take time to review. We know the why must be strong, but sometimes the day to day can obfuscate the why. I always appreciated the intentionality in this mentorship to choose a strong enough why. Mine is to own my time so that I can spend more time with family/friends/church. But what good is my time if I burn all the friendships as I try to pursue this goal? Going out on my own gave me a large chunk of my time back to me so that I can ensure I'm meeting the needs of those around me. 3)Double everything! Everything takes more money and time than what's expected. Bring more reserves than you think are needed so that you don't have to sweat as much when things don't go right. I'm in OKC, if you are close by, I'd love to grab a coffee.
2 likes • 12d
Awesome to hear about the journey, thanks for sharing. Doubling down on your points. I’ve also learned: - The why is a critical indicator of success. A strong, meaningful, and realistic why leads to a much higher chance you push through and reach your goal because it actually matters - Everything cost WAY DAMN more than expected. Every time. And takes longer. Ugh
Balancing Career and Getting Into Real Estate
Hello all, I’m a new member in the mentorship as of a couple days ago. As I’m sitting in my hotel room in South Korea and about to fly to Hong Kong in a few hours. I’m just curious if there are others out there that are getting started in the real estate game, but balancing their existing career? How do you continue to drive forward to meet new goals you’re setting for yourself when you are still grinding at the so called ā€œ9 to 5ā€? I’m in a bit of a unique situation, flying cargo for an airline. I’m gone half of every month and don’t have connectivity in the air to be on this community, learn from the course material (as it’s not downloadable…YET!!!! Please make them downloadable on the app), research markets, analyze deals, and so on and so forth. Is anyone in the same boat traveling internationally frequently and trying to get their feet under them in this space? I’ve got an idea for my memoir now that I’m writing this post. It’s called ā€œJet Lag: Grounding Yourself in Real Estate while Soaring Through the Skyā€ lol
Balancing Career and Getting Into Real Estate
1 like • 12d
Being frank: it’s not easy. Your situation is especially challenging. For the average 9-5 worker, like myself, it means using the lunch hours to stamp out real estate tasks, flipping to real estate after hours, and devoting chunks of your weekends to it. Studying can be done at any hour. When you get to buying and operating a property, being able to find time during Mon-Fri business hours is critical to pushing tasks forward. Your job situation would be challenging. But I’m sure you could find a way to pull it off. If you find it’s too difficult, a very valid option is to change your 9-5 career so that it’s something that allows you to make progress on real estate. We often think re-skilling ourselves and make a career leap isn’t an option, but it very much is. I’ve done it before.
Creating a Treasury Engine for Multifamily Assets — Looking for Operator Input
Hi everyone — I’m building a Fintech system specifically for multifamily owners/operators that does 3 things: 1. Gives you a real-time, accurate cash picture— rent coming in— payables due— timing gaps— when you’ll run tight 2. Helps you optimize vendor payments— which invoices to pay today— which to defer (safely, without damaging vendor relationships)— how to stretch liquidity during capex or unexpected expenses 3. Predicts delinquency earlier— identifies tenants who are likely to pay late next month— gives you a simple intervention workflow Long-term vision:A treasury/credit engine for property operators, not a rent-app clone. - No gimmick rewards. - No ā€œearn crypto on rent.ā€ - No consumer fintech distraction.Just tools that make properties financially stronger. Before we finalize our build:Which problem costs you the most time or money today? A) Delinquent tenants B) Vendor payments and liquidity timing C) Not knowing your real cash position at any moment Any feedback is massively appreciated — this is 100% for product validation before engineering.— Nickson (Naltos)
0 likes • 15d
A. Bad tenants and people problems are always the greatest challenges
1 like • 15d
I work in tech. What you’re building sounds like it has value for mega multi family owners. Hundreds or thousands of units. For smaller owners, there is already software that helps with a significant portion of these things already. B and C are also not as big of a problem. Property management and the software they use solve most of these issues already. Dont build something that already exists!
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Matthew Wang
5
339points to level up
@matthew-wang-5303
My goal is to move extremely fast to reach financial freedom in only 2 years! Based in the Seattle/Olympia area. Add me on Facebook or Instagram!

Active 22h ago
Joined Mar 14, 2025
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