Today, we’re driving into one of my absolute favorite topics: multifamily real estate investing.
If you’ve ever wondered:
What exactly is a multifamily property, and what makes it unique?
Why do investors (including me) LOVE them—and what are the drawbacks?
What do the actual numbers look like on a real deal? (Yes, we’re getting into a real case study!)
And... is it REALLY okay to start with multifamily, or should you start with something smaller? My answer might surprise you.
Whether you’re brand new to real estate or already building your portfolio, this episode will help you see how powerful multifamily investing can be—and how it might be more accessible than you think.
In this episode, you’ll learn:
What exactly is a multifamily property - how is that defined and what makes it unique
What the advantages are of investing in multifamily - and the disadvantages.
The top 3 reasons why WE love them!!!
The actual numbers - a case study - of a successful multifamily purchase to demonstrate in dollars and cents WHY it’s so powerful and how you can make money with real estate in ways you may not have expected
What I wish we’d known before we started investing in multifamily, as investors with over 100 doors now
My honest answer to the question you might have… if it’s ok to start with multifamily or should you start with something smaller (like a condo, or townhouse or single family home). My answer might surprise you.
You'll also learn how to:
Grow your portfolio without losing your sanity (or your weekends)
Invest in real estate without becoming the “on-call landlord”
Make your money hustle for you, so you can netflix and chill for free
Build a team that has your back every step of the way
Create a legacy of wealth that will make “Future You” proud
So go to www.lisamichaud.com/guide and grab your 10 Step Guide to Multifamily Real Estate Investing in Canada… to help you build wealth and a legacy in real estate without being a landlord, costly mistakes or losing your sanity!!! :)
A quick disclaimer from our friendly lawyers:
Please remember as you’re listening: The views and opinions I’m about to share in this podcast are provided for informational purposes only, and should not be construed as an offer to buy or sell any securities or to make or consider any investment or course of action for more information. What you hear today is not financial advice. I’m not a licensed financial advisor, lawyer, mortgage broker, or real estate professional. This isn’t a substitute for professional legal, real estate, or financial advice, and in a platform like this where I speak to many individuals, like you, each with your own journey and circumstances, it’s important to get personalized advice. I encourage you to build a trusted team of professionals and consult with them to support you in your personal situation with your individual goals.
Here are the juicy bits you can look forward to:
What exactly multifamily is (06:28.5)
Pros and cons of multifamily real estate investing (13:08.7)
What the actual numbers look like on a real deal - case study (25:21.0)
My biggest lesson when it comes to real estate investing (35:52.1)
Subscribe & Leave a Review
If you loved this episode, please take a moment to subscribe here so you don’t miss a thing.
And if you’re feeling extra generous, pop on over to Apple Podcasts/iTunes and leave a review, too. Your reviews are delightful to read and help others find my podcast. Click here to review, select “Ratings and Reviews” and “Write a Review” then let me know what you think!
Are you a Google Play fan? Find Goalden Girls Podcast and subscribe here.
Resources:
Grab the free 10-step guide—it’ll walk you through the foundations of multifamily investing so you can start building your plan: www.lisamichaud.com/guide
Join our How to Grow your portfolio with multifamily real estate 2-day Signature Workshop, where we go deep into the strategy, numbers, and actual steps to get started.
Additional Resources:
Instagram:
Michaud Investments: https://www.instagram.com/michaud.investments/
Lisa Michaud: https://www.instagram.com/thelisamichaud
LinkedIn
https://www.linkedin.com/in/thelisamichaud/
Facebook
Facebook Group: https://www.facebook.com/groups/intentionalrealestateinvesting
Facebook Page: https://www.facebook.com/MichaudInvestmentsCo
Website/Email addresses:
Email: info@michaudinvestments.com
Website: www.michaudinvestments.com
Get on our Email List - www.michaudinvestments.com/stayintouch
Stay Connected:
Join our free Facebook Community for a behind-the-scenes look, more insights and of course, insider perks: https://www.facebook.com/groups/goaldengirlspodcastinsiders/
Instagram: http://www.instagram.com/thelisamichaud
Pinterest: https://www.pinterest.ca/thelisamichaud/
Facebook: http://www.facebook.com/thelisamichaud
Thank you so much for listening.
xo,
Lisa
PS. Please note: some of the links shared may be affiliate links. This doesn't cost you anything: it simply means that Lisa Michaud might get an affiliate fee. Special care is always taken to make sure only the highest quality recommendations are shared: our highest value as a Community is YOU getting results in your life. We will always encourage you to show up with integrity and encourage you to create a business, income, and life you love - and make money doing it. We share this as an example of how we do this in our business by following these principles to serve you, and inspire you to do the same in your life.