Investing in Small Multifamily in San Francisco with Chris Stafford

Listen to the Episode (19:28)

Chris Stafford is an agent who brings fifteen years of experience with real estate investments in addition to eleven years of experience in the financial business community. As a successful listing agent, he is one of the top-producing real estate brokers in the San Francisco Bay area. He works with other motivated listing agents who want to increase their income. Chris talks to us about what it takes to invest in small multifamily properties in the San Francisco market.

[00:01] – [02:27] Getting to know Chris

Let’s get to know Chris Stafford
Chris talks about his background
- His time as a CPA
- Getting into Real Estate

[02:28] – [15:46] The San Francisco Real Estate Market

Chris talks about multi-unit buildings in San Francisco
The effect of COVID in the SF market
How to start investing in the San Francisco market
Strategies to scale in San Francisco
San Francisco market in 2008
Mistakes people make when investing in San Francisco

[15:47] – [19:06] Closing Segment

Chris’ advice to aspiring investors
Don’t forget the long game in San Francisco
How Chris stays up on top of his game
His way to make the world a better place
How to reach out to Chris – links below
Final words from Chris and Me

Tweetable Quotes:

“In San Francisco, you have to be really careful with the tenant profile. Most tenants are paying market rent, but there’s quite a few times that they’re not paying, and that does affect the value of the property.” – Chris Stafford

“If you’re thinking of buying investment property in San Francisco, you want to have a really good real estate attorney on your team upfront.” – Chris Stafford

Resources Mentioned: