Updated about 8 years ago on . Most recent reply
100+ unit apartment owners
Who on this forum has 100 or more apartment units? How long did they take to acquire and what is your ultimate goal?
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I just sold about 75 units and bought a strip center. Still have 75 units left. I had over 900 units at one time but lost a ****-load of them during the downturn. Phoenix was hit very hard.
It took about three years to build back to where I am now.
I originally started with a four-plex and built to 900 units in ten years.
My goals now are to just follow the market trends and buy/sell accordingly. I have enough money to get by and don't have lofty goals anymore.