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Updated over 8 years ago,
Outlining my goals - how many properties?
This is a kind of silly question and I know that everyone is going to say the only thing that matters is your deal/your market, but I'm trying to outline my goals very clearly so I can work backwards from that.
I'm specifically interested in multiplex properties.
I'm wondering how many properties (units) you owned for a specific cash flow. When you only owned 2 multifamily properties, how much cash flow were they producing? How much for 10 properties?
I know it's very dependent on the market, but I'm just looking for very ballpark figures. I want to know if my future dream looks like me owning 20 units, or me owning 4 giant apartment complexes. Hard to know when I'm just starting out.