Paul Macaluso

This is the type of shit the gurus dont show you when it comes to owning Rental Real Estate.

This tenant is on her 2nd fridge and wanted a 3rd.

Had to ask her how low the temp was on fridge, after a bunch of bs back and forth turns out she cut it down as low as it goes because she thought it wasnt getting cool enough.

With experience owning Multifamily taught me to question tenants about things before just spending a bunch of money.

Have any if you had something like this happen? Drop a comment and let me know what crazyness you have had happen.

1 year ago | [YT] | 0

Paul Macaluso

Whoever cut this had a bad day 🤣.

Back story:
Walked a 43 unit Las Vegas Multifamily property today. During the site visit we checked out the property inside and out.

Found this walking down the back side of the building.

Maintenance man proceeded to tell us a storm about some junkie trying to steal the copper.

Long story short dude had to call ambulance when he found the junkie on the ground teitching 🤣 🤣 🤣 🤣

Play stupid games win stupid prizes.

1 year ago | [YT] | 0

Paul Macaluso

Everyone talks about Value Add Multifamily.

Very few actually explain it.

If you are someone who is serious about your multifamily investing I want to talk to you. Everyone else keep scrolling.

Multifamily investing is hard dirty and not for everyone.

You need to put in the time and effort needed to educate yourself.

This is not a pretty business where you can sit on your hands and do nothing. Anyone telling you otherwise is lying to you.

Will you get to a point eventually where it becomes passive, no. Will you get to the point where there is no work involved, no. Will you never loose money in one way or another, no.

Good news is if you keep your head down and grind hard you will reach a level of success very few people will ever know.

Don't be afraid to bump your head and scrap your knees along the way, its part of the process.

What you need is simple:
1. Persistence
2. Patients
and
3. Trusted Mentors or Coaches

If you need help reach out and I got you. Happy hunting my fellow Multifamily Renegades

1 year ago | [YT] | 0

Paul Macaluso

People overthink a lot in life. Multifamily investing is especially one of those "things" folks tend to over think.

Everyone knows they should be investing in Multifamily property or some other form of income producing Real Estate but very few take the leap and actually invest.

I've found over the years the biggest obsticle people have to overcome is self doubt. They doubt the can do it, they doubt the have the right knowledge, they doubt the amount of $$ they need to get started and the list goes on and on and on.

I wanted to share this with you so you can see you dont need fancy software, spreadsheets or some dry mono tone bean counter to underwrite a deal.

Some of the best deals ive ever done have been the "back of the napkin" underwriting that took less than 15 minutes.

These two pictures are what i did to determine whether or not i could make a profit both equity and cashflow. The property ultimately exceeded what my expectations were and i wound up making over 1.5 million in profit.

If a 7th grade formal educated ex gang member who spent most of his adolescence in and out of juvenile lock ups can do it, so can you.

Skys the limit so get out there and make some shit happen. Stop the doubt and limiting beliefs you have by executing you plan.

Enjoy and if you like this stuff and want me to do an indepth step by step underwriting video for you showing the Multifamily Renegade process drop a comment.

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1 year ago | [YT] | 0

Paul Macaluso

📈 **How to Crush Multifamily Investing with the BRRRR Strategy!** 🏢💼



Hey, everyone! 🙌 If you've been dreaming of building a killer portfolio with multifamily properties, then you’ve gotta learn the right way to use the BRRRR strategy – Buy, Renovate, Rent, Refinance, Repeat. I’m sure you’ve heard of this before


This method is a total game-changer for boosting property value and cash flow. Let’s break it down!



### **Why the BRRRR Strategy Rocks:**
1. **Instant Sweat Equity:** You get to create value by renovating & re-renting units which are currently below market on their rents.
2. **Better Cash Flow:** After renovating and re-renting, hopefully at higher rates, your cashflow will be dramatically better.



### **BRRRR Step-by-Step:**
1. **Buy:** Look for multifamily properties that need some TLC.
2. **Renovate:** Add and force value with updates and improvements.
3. **Rent:** Increase your rental income with new management and higher rents.
4. **Refinance:** Switch from hard money to commercial loans and free up your cash.
5. **Repeat:** Use that refunded down payment to grab and fix up another property.



### **Real-Life Success Story “My First BRRRR:**
- **Costs:** Bought a multifamily property for $325K and spent $70K on rehab.
- **Value:** After fixing it up, stabilizing with higher rents the property was worth $1M.
- **Refinance:** Got a new loan for $475K and got my $70K reno costs back (I used hard money for 0 down loan). Put 150K in my pocket in under 6 months
- **Cash Flow:** Boosted rental income. Property was throwing off $2500 positive cash flow after debt service with $0 of my own money left in the deal.
- **Equity:** Gained $675K in equity. I used this equity to trade up in size within 1 and a half years later. Guess what I did a BRRRR again on the trade up and made an even bigger profit.



### **Wrap-Up:**
The BRRRR strategy is your ticket to leveling up your multifamily investments. The secret sauce? Raising rents through smart renovations and effective management, which boosts the property’s income and value. 🚀



Follow these steps and watch your portfolio grow fast with minimal upfront cash. Ready to dive in? Like, comment, and subscribe for more awesome tips and strategies! 📈🔑🏢

1 year ago | [YT] | 0