Updated over 5 years ago on . Most recent reply
Buying vs building a portfolio
I am a new real estate investor with a goal to eventually own 50 units. Curious to know what people’s thoughts are about buying an existing portfolio of (mostly) single family homes versus building my own portfolio over time. I’ve seen a couple portfolios for sale and think it might be a much more expedient way to achieve my goal, provided the purchase price is right. On the flip side, you forego the control of selecting the individual properties. Are there other pros and cons I should consider?