Real Estate Rookie

Buying 4 Small Multifamily Rentals in Just 2 Years (While Working a W2)

Feb 16, 2026
Derek Brickley, a small multifamily investor who bought four multifamily properties while keeping a W-2 job, shares his journey. He talks house-hacking and how tenants can cover living costs. He describes renovation surprises, the limits of DIY, tenant screening and managing inherited tenants. He also covers building repeatable systems and leveraging a network to scale without quitting your day job.
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INSIGHT

Action Trumps Perfect Readiness

  • Waiting for perfect readiness keeps you stuck because you'll never be fully ready.
  • Derek says surround yourself with experienced people to fill your knowledge gaps and accelerate action.
ADVICE

Define A Narrow Buy Box

  • Set a clear buy box and say no to opportunities outside it.
  • Derek limited himself to small multifamily house hacks to reduce risk and focus search efforts.
ADVICE

Prioritize Cash Flow And Worst-Case Safety

  • Prioritize cash-flow and worst-case scenario coverage when evaluating deals.
  • Check market fundamentals and ensure rental income can cover expenses if you must rent out your unit.
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