Do I count my "Doors"?

[Julia Hagen]

I have three homes, some of which I've subdivided into individual units, one of which has an attached granny, one a remodeled garage studio, and another in which I just remodeled the master suite add-on into a large studio. I've heard investors use the term "doors" when referring to their portfolios. Like how many "doors" they have in total vs how many individual units. What is the best way for me to describe what I have? (Three homes with 10 individual units between them)

Thanks!!

[Becca F.]

I agree with JD on this. Every time I hear someone say they have "x amount" of doors, that tells you nothing about their portfolio. I've heard investors say "I have 5000 doors" and some of them are syndications. I started chasing doors and "cash flow" and I'm losing money and it's been a huge headache. I should have just stuck with my Class A properties (2 SFHs, one multi-unit co-owned) and value added and raised the rent instead of buying "affordable" Class Cs.