Simple question: how to count doors?
2 Replies
Matthew Copeland
from Los Angeles, California
posted over 1 year ago
How do you count how many doors one owns? I get that if you own a sfr, that’s one door. But if you own, say 10% of a 100 unit apartment would say you own 10 doors or 100? But depending on your answer, if you have debt on the sfr, do you only own a percentage of that? So where do you draw the line? Thanks.
Scott Mac
from Austin, TX
replied over 1 year ago
Hi Matthew,
In general conversation you could say it anyway you want.
Some people say "I own an apartment complex with several other investors, we own X doors".
Good Luck!
Nick B.
Investor from North Richland Hills, Texas
replied over 1 year ago
Don't count doors.
Count dollars that you've invested and your profits.
Free eBook from BiggerPockets!
Join BiggerPockets and get The Ultimate Beginner's Guide to Real Estate Investing for FREE - read by more than 100,000 people - AND get exclusive real estate investing tips, tricks and techniques delivered straight to your inbox twice weekly!
- Actionable advice for getting started,
- Discover the 10 Most Lucrative Real Estate Niches,
- Learn how to get started with or without money,
- Explore Real-Life Strategies for Building Wealth,
- And a LOT more.
Sign up below to download the eBook for FREE today!
We hate spam just as much as you