How to Buy a Small Multifamily Rental (2-4 Units) in 2025

In this BiggerPockets Real Estate Podcast episode, Dave Meyer advocates for investing in small multifamily properties (duplexes, triplexes, and quadplexes) as a prime strategy for building wealth in 2025. He highlights their advantages over single-family homes and larger multifamily buildings, such as multiple income streams, economies of scale, owner-occupancy options, and residential financing. Meyer provides a five-step blueprint for finding, analyzing, and financing these properties, while also cautioning against common mistakes like underestimating expenses and overpaying for potential. He emphasizes the importance of market research, goal setting, securing conventional financing, and being prepared to operate the rental property business effectively from day one.