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All Forum Posts by: Lilly Schlosser

Lilly Schlosser has started 1 posts and replied 2 times.

@Min Zhang

Thanks so much for the thoughtful response! I can definitely see the benefit of starting smaller as a training ground and then leveling up — that makes a lot of sense. At the same time, I like the idea of multi-family for the stronger cashflow and economies of scale.

Right now, I think I’m leaning toward single-family just to get experience under my belt, but my long-term plan is definitely to grow into multi-family. Out of curiosity, when you made the jump from your first property to scaling up, what made you feel “ready”?

@Ezekiel Trevino

Thanks for the welcome! I like that way of putting it — focusing on whether the numbers work rather than overthinking the property type. I’m still learning what “good numbers” look like, so that’s one of my main goals here on BiggerPockets. Do you have a favorite rule of thumb or metric you use when you’re first analyzing a deal?

Hi everyone!

I’m excited to join the BiggerPockets community! I’m currently a student and entrepreneur-in-training, focused on learning the skills I’ll need to build a life of financial freedom. Right now I’m growing my investment portfolio and preparing to launch service-based businesses (like cleaning and moving) as a stepping stone into real estate.

My long-term vision is to scale into rental properties and eventually farmland, creating multiple streams of cashflow and a lasting legacy. I joined BiggerPockets to learn from people who are already walking this path, and to connect with others who are building systems and thinking long-term.

For someone newer to investing, do you think it’s better to start small with something like a single-family rental, or save up and wait until I can jump into multi-family? I’d love to hear how you approached your very first deal.