Updated almost 7 years ago on . Most recent reply
Thoughts on minimum units to purchase for first investment.
Some people say not to invest until you can start with atleast 50-100 units+. Others beg to differ to “take action” even If Its a 4 plex. What is advice to anyone wanting to get started in multifamily investing.
Most Popular Reply
Action is key. Start wherever you're comfortable. You can always scale up later. In 2009 had a duplex. By the end of the year I'll be at ~2400 units. The duplex is long gone and all my assets are now larger communities.
Sometimes the journey to 10,000 doors starts with 2.
- Ivan Barratt