Don’t let fear or evil destructive tenants with pit bulls drive you away from buying multi-unit buildings. I’m talking about duplex, triplex or a quadplex. There are good tenants out there. From your investment viewpoint, you should be considering: Cash flow, management, exit strategy, and purchase power. Ask yourself: How quickly and easily can I get out? Down payment and financing? Consider owner financing. Naturally, what is my cash flow? And how hard is it going to be to manage?

Decide whether or not you are going to be an investor or a quasi-investor. A quasi-investor is someone who does much of the repair and management work themselves. An investor is someone who hires the work out. Finding good deals is hard work. Decide what you want to be. Better yet, contact Mims for advice. We’ll help you get to where you want to go. Don’t be afraid!

BBQ: “Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good results.” By Warren Buffett

BLT: “Afraid of Everyone” by The National