Is starting off with apartment buildings a good idea?
I'm a firm believer in Grant Cardone's 10x rule and in the book The 10x Rule says to have your goal and multiply it by 10x. Which means I would be buying a 10 unit apartment is this a good idea to start?
(I do want to get into Multifamily real estate but is it smart to start of big?)
Most Popular Reply
Depends on your comfort level with the unknown. Just be careful of the risk of doing a huge deal but not understanding of how to manage the downside risk. Good idea may be to ask some apt guys in your area what they think. That may help you make a decision. Good luck!