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Updated almost 3 years ago on . Most recent reply

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Jason Revere
  • Rental Property Investor
  • Shreveport, LA
2
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12
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Question from a new guy

Jason Revere
  • Rental Property Investor
  • Shreveport, LA
Posted

I am brand new at real estate investing and am wondering what yall think about my first purchase being a 6 door portfolio that has long term renters. And a nice net roi. I plan on hiring a property manager. Would you all advise against this being a first purchase?

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Benjamin Aaker
  • Rental Property Investor
  • Brandon, SD
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Benjamin Aaker
  • Rental Property Investor
  • Brandon, SD
Replied
Sounds like a great plan. I really like medium multifamily. There's economy of scale that you don't get with smaller properties. Bigger returns on these too, but that means bigger risk. Make sure you get educated quickly on how to purchase and own these apartments. Good luck!
  • Benjamin Aaker
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