51: Small Multifamily Properties, Working a Full Time Job, and Training Tenants with Mike Sherwood

<p>On today’s episode of the BiggerPockets Podcast, we cover a huge range of really important topics with real estate investor&nbsp;Mike Sherwood, including investing while holding a full time job, working with a partner to grow quickly, getting started with a small multifamily property, and a lot more.</p><p>Mike has invested in the Buffalo, NY for several years now, doing both rentals and is getting into fix and flip, so he has a ton of insight for both those just getting started and for those with a lot of experience already.</p><p>This show has so much good information and helpful tips for any real estate investor, this is going to be one you’ll want to listen to over and over just to make sure you get all the great nuggets out of it.</p><p><a href="https://www.biggerpockets.com/bpp51-mike-sherwood-podcast-transcript-mulit-family-full-time-job" target="_blank">Read the transcript for episode 51 with Mike Sherwood here</a>.</p><p>In This Show, We Cover:</p><ul><li>Buying a&nbsp;small multifamily&nbsp;to live for free</li><li>The secret to&nbsp;living next door to your tenants</li><li>Training&nbsp;your tenants</li><li>When is an&nbsp;emergency&nbsp;an emergency?</li><li>Managing&nbsp;your own properties vs.&nbsp;hiring&nbsp;a property manager</li><li>Tips for&nbsp;working a full time job&nbsp;AND investing on the side</li><li>Finding&nbsp;good deals&nbsp;on the MLS</li><li>How Michael found a&nbsp;partner&nbsp;to invest with</li><li>Legally&nbsp;structuring a partnership&nbsp;for real estate</li><li>Ways to&nbsp;systematize your business</li><li>The key to&nbsp;finding partners on BiggerPockets</li><li>Flipping houses&nbsp;while working a full time job</li></ul><p>Links from the Show</p><ul><li><a href="https://www.biggerpockets.com/blog/2010/10/01/tenants-customers-or-scum/" target="_blank">Tenants: Customers or Scum?</a>&nbsp;(Training Your Tenants) by&nbsp;Peter Giardini</li><li><a href="https://www.biggerpockets.com/blog/2013/08/24/real-estate-agents-working-with-investors/" target="_blank">The Re