Hello everyone. I welcome everyone to reply to this post. I am brand new looking to start investing in apartments. What is some advice you can offer to someone who has only done 2 SFH deals?
- Please be as detailed as possible if have extra time. Thank you for all your help in advance!
Rental Property Investor · RVA · Member since 2016 · 5k+ posts · 4k+ votes
4y
You'll need to learn how to raise money and/or build teams. Huge topics. BP has a great book on Raising Private Money. Hunter Thompson's book on the topic is great as well. Scale requires additional capital and bigger teams!
Cincinnati, OH · Member since 2013 · 1k+ posts · 1k+ votes
4y
If you are brand new, you need to focus on education first. I'm not sure if you have the capital for your deals or if you need partners for that, but I would suggest listening to podcasts focused on apartment investing and reading books. Also, look for local multifamily meetups. You can't learn everything in a post and even if I detailed step-by-step, you wouldn't be ready for that level of detail. It would be like drinking water out of a fire hydrant.