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Updated about 6 years ago on . Most recent reply

User Stats

4
Posts
1
Votes
Brad R.
  • Property Manager
  • Buffalo, NY (buffalo ny)
1
Votes |
4
Posts

Purchasing multifam rental

Brad R.
  • Property Manager
  • Buffalo, NY (buffalo ny)
Posted

happy Easter! I’ve been incredibly lucky and have an opportunity to put $50,000 cash down on what I want to be my first rental. I have a lot of experience in real estate and property management but not in buy and hold or other forms of real estate investment.

If anybody is willing I would love if you would take a moment and give me your opinion on whether it would be advantageous for a first timer to put that money into one property or the break it up into multiple. I could’ve made my question more elaborate and detailed however I don’t want to piss everybody off my first day on here by trying too hard 😂

Thx to whoever has advice.....

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