Simple question: how to count doors?
2 Replies
Matthew Copeland
from Los Angeles, California
posted 2 months 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 2 months 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 2 months ago
Don't count doors.
Count dollars that you've invested and your profits.
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