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Updated almost 2 years ago on . Most recent reply

Michael Schlink's profile image
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Michael Schlink
  • Member since Apr 27, 2020
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Michael Schlink's profile image
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Michael Schlink
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Michael Schlink
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Starting Out

Starting Multi Family

Michael Schlink
Posted

I have been self employed in a business outside of RE for almost 20 years and trying to find a way to invest that gets me retired from my business in 10 years. I have about $200k to invest and looking for multi family in Mississippi cuz I have experience with a great management company there for my SFH and my friends have 4 plexes and SFH managed there.

Should I wait to invest? Should I buy more SFH's and duplexes?

Thanks for the insight

West Gulfport, Mississippi
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Sherief Elbassuoni's profile image
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Sherief Elbassuoni
  • Realtor
  • from Bellevue, WA
  • Member since May 20, 2019
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Sherief Elbassuoni's profile image
Sherief Elbassuoni's profile image
Sherief Elbassuoni
  • Realtor
  • from Bellevue, WA
  • Member since May 20, 2019
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Sherief Elbassuoni
  • Realtor
  • Bellevue, WA
1,968
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Sherief Elbassuoni
  • Realtor
  • Bellevue, WA
Replied

I always buy. Time in the market beats timing the market, so I will not recommend you to wait.

Buy now in the market that has numbers make sense. Rates are pretty high, but you can refinance later on

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