Start small or large multifamily

[Saj Johnson]

Just wondering everyone’s opinion based on experience if you had to do it again if you would purchase 10 single family/small multi or jump into one large multi family with a larger down payment.

Also, any turnkey or property management companies recommended that would enable a large multi to help passive out there?

[Vanessa Regalado]

@Saj Johnson it really depends on the level of experience you have in real estate. Not necessarily being an investors but in real estate in general. You could be a real estate agent wanting to go into investments, or a property manager going into investments, etc. There is so much to learn being a landlord that my suggestion as a property manager is to starting doing webinars, attend networking events, take some classes and start small and grow from there. Even if you hire a property manager you need to have some knowledge on how operations work and a general understanding of the field to know whether you PM is doing their job properly.