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Updated 11 days ago on . Most recent reply

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Robert Ellis
  • Developer
  • Miami, FL
1,741
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1,200 apartments in Jackson bought by Kushner — so why am I hunting $20k houses in MS

Robert Ellis
  • Developer
  • Miami, FL
Posted

If a Trump/Kushner-linked firm is scooping up 1,200 units in Jackson, Mississippi, what’s stopping you from snapping up $20,000 houses in Missouri and scaling to 50?
I’m not asking for your life story — just one good reason I shouldn’t pull the trigger on the next deal. Let me hear it.
#BuyAndHold #BRRR #RealEstate #MissouriDeals

  • Robert Ellis

Most Popular Reply

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Eric Gerakos
  • Investor
  • Costa Mesa, CA
1,170
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Eric Gerakos
  • Investor
  • Costa Mesa, CA
Replied

Why would anyone want to own 50 crappy $20,000 properties? Poor tenant pool, high maintenance, high evictions and low appreciation since no one really wants to live there. I would rather have 5 upscale properties with good tenants, low maintenance and higher appreciation. Scaling means more profits, not just more properties. 

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