Skip to content
Multi-Family and Apartment Investing

User Stats

57
Posts
14
Votes
Jacob Prelle
  • Tustin, CA
14
Votes |
57
Posts

How to invest in apts without a high income?

Jacob Prelle
  • Tustin, CA
Posted Feb 17 2018, 07:19

I make 150K a year right now but I work 2,000 miles away from home and from my wife. I'm miserable. So in 6 months, I'm taking a job back home making 100K a year.

Can I realistically buy an apt building (as many doors as I can) on that income? Or should I be looking into some alternative?

Reading through some forum posts, I'm finding that syndications require 'accredited' investors, which I am not. 

FYI - end goals are to have 10k relatively passive income a month - in perpetuity. I may 1031 exchange later, certainly will buy more, I don't know. It may take 10 or 15 years to make that. (i'm hoping only that long)

Loading replies...