Pinned
May 25 •
👉 START HERE: Poll & Welcome to Our Community! 🎉
Welcome to the #1 Community for aspiring multifamily investors! 👋 This is where aspiring multifamily investors come to buy their first small multifamily deal (2-20 units). Remote. Without having to quit your job. Without risking everything you've saved. Here's exactly what to do in your first 48 hours. 🎯 STEP 1: Introduce yourself. Head to the Introductions category and create a new post. Tell us: - Where you live - Why you want to invest in small multifamily - Ask a question you (or someone like you) would like answered 🎯 STEP 2: Start the 5 Days to Your First Offer challenge in the Classroom. This is the fastest way to go from researching to actually moving. Five videos, one per day. Day 1 you pick your market. Day 2 you build your team. Day 3 you make your first agent calls, and I give you the exact words. Day 4 you learn to run a deal's numbers in about a minute. Day 5 you write your first offer. Every day ends with something to DO. Included. 🎯 STEP 3: Join us for our LIVE weekly training. Thursday at 2:00 PM Eastern. Find it in the Calendar tab. 20 minutes of small multifamily teaching plus live Q&A. 🎯 STEP 4: Check out the tools in the Resources course. Due diligence checklist, team hiring checklist, market shortlist template, broker outreach script, pipeline tracker, criteria checklist, and the rest. Everything we use when we put a deal together. Free in the Classroom. 🎯 STEP 5: When you're ready to get serious and get accelerate, it's time to move to the Inner Circle. For members done researching and ready to close: The complete First Deal Roadmap Course, weekly office hours, monthly trainings, and a VIP ticket to the next Multifamily Deal Ready Intensive included ($197 value). $97/mo (50% off for the first 100 members). Cancel anytime, no contract. --- A few community guidelines. - This is a no-fluff community. Specific over vague. Real numbers over hot takes. - Ask questions. Share wins. Share losses. Help each other. - No guru bashing in posts (we have better things to do). No pitching other programs. No "DM me for opportunities."
Poll
13 members have voted
8h •
Office Hours Replay with Coach Joe is LIVE, This Week's Session
Hey Inner Circle! This week's Office Hours with Coach Joe is up and ready for you to watch. Good question and answer session, and a few things in here will save you money the next time you have a property under contract. Here's what was covered: Contractor, inspector, appraiser, in that order. Why the spacing between them matters, and how sending them out in the wrong order costs you money on a deal that was never going to work. Make the realtor send values, not just a list of properties. Coach Joe called this a tennis match he has been playing for 35 years, and he gave the exact language for getting values up front. You only need one way out of a contract. His fireman analogy, in reverse, plus where the financing clause protects you right up to the day of closing. Property taxes alone can kill a deal. A six unit in Columbus where the tax bill jumped from about $9,000 to roughly $17,000 against $40,000 of income. What causes it, and the phone call to make before you buy. The small profit margin script. What Coach Joe says when he goes back with a low offer, and why it is the opposite of what sellers are braced for. The golf ball jar. For anyone fitting deal analysis around a full time job, this is the part to watch. Go watch the replay and drop your questions below. REPLAY HERE @Susu Yazan @Jacqui Mast @Samantha Jones @Coach Joe Finnegan @Josefina Rodriguez @Wilfred Morgan @Kim Flowers @Svetlana Denevich @Cheryl Saeger @Joyce Torres @Adria Andrews @Shannon Hart @Greg Thenn @Jackie Gage @Nadia Johnez @Suzanne Boyer @Alisa Maurer @Tsveta K @Brenda Short @Ervin Howard
3d •
Hey everyone, glad to be here
I've been in real estate investing for almost 10 years now, and I'm based in the Philadelphia area. I'm here because I want to get more focused on small multifamily (2-20 units) and learn from people actually doing it day to day. I also run a small software company, but that's not why I joined, just want to learn, add value where I can, and get to know some of you. Question for the room: what's been your biggest lever for finding off-market small multifamily deals remotely? Feel free to say hi.
1d •
Networking Call
I am not able to get into the call or is this something for members of a higher status?
0
0
16d •
Broker
Had a broker ask me for my calculator after he sent over 3 properties and I let him know I ran the numbers but they are not making good financial sense.
1-30 of 216
skool.com/the-first-deal-society
The go-to Skool Community for investors wanting to buy their first small multifamily property.
Leaderboard (30-day)
1
+96
2
+90
3
+47
4
+40
5
+31
Powered by