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Updated over 6 years ago on . Most recent reply

Jason Postill's profile image
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Jason Postill
  • Real Estate Broker
  • from New Smyrna Beach, FL
  • Member since Oct 27, 2018
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Jason Postill's profile image
Jason Postill's profile image
Jason Postill
  • Real Estate Broker
  • from New Smyrna Beach, FL
  • Member since Oct 27, 2018
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Jason Postill
  • Real Estate Broker
  • New Smyrna Beach, FL
1
Votes |
4
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Multi-Family and Apartment Investing

Thoughts on minimum units to purchase for first investment.

Jason Postill
  • Real Estate Broker
  • New Smyrna Beach, FL
Posted
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.
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Ivan Barratt's profile image
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Ivan Barratt
  • Investor
  • from Indianapolis, IN
  • Member since May 27, 2015
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Ivan Barratt's profile image
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Ivan Barratt
  • Investor
  • from Indianapolis, IN
  • Member since May 27, 2015
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Ivan Barratt
  • Investor
  • Indianapolis, IN
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Ivan Barratt
  • Investor
  • Indianapolis, IN
Replied

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
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