Welcome to another Legacy Lab episode! In this episode, Chris Benson and Alex Puente Day dive into the debate of single-family vs. multifamily real estate investing. Learn the pros and cons of both strategies, explore real-life experiences, and discover how to avoid common pitfalls in your investment journey.
We cover essential topics such as methods, long-term rentals, mid-term rentals, wholesaling, flipping, and the challenges of scaling your portfolio. Whether you’re just starting out or looking to level up your real estate game, this video is packed with actionable insights to help you succeed.
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Time Codes: 00:00
Introduction 00:23
Chris and Alex’s Real Estate Backgrounds
01:39 Transitioning from Single-Family to Multifamily
02:56 Chris’s Start in Foreclosures
04:31 Lessons Learned from Early Investments
08:02 Single-Family Basics: Pros and Cons
12:00 Multifamily Basics: Pros and Cons
18:18 Comparing Financing for Single-Family vs. Multifamily
20:15 The BRRRR Strategy Explained
22:59 Mid-Term and Short-Term Rentals: What’s the Difference?
27:43 Wholesaling 101: How to Start
29:50 The Risks and Rewards of Flipping Properties 31:22 Key Lessons and Final Advice
