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Updated about 8 years ago, 11/05/2016
Interested in MF/Apartments
My Name is Matt, I'm 25 and as the title states: I'm interested in MF units and apartment complexes (in the Midwest). I've been doing my research through BP Blogs, Podcasts, and other business/real estate books. This forum is a great resource and I've learned a lot over the last couple of months!
My main newbie questions are: would it be better to start small with a 3-5 unit or jump right into an apartment complex with somewhere between 15-30 units? My business partner and I are leaning towards starting small and working our way up. Learning the "game" and getting our feet wet while also getting some cash flow. House hacking is also an option as we're both college grads living with parents to save some dough. We would love to get out on our own so maybe house hacking would be a good start.
Any advice would be greatly appreciated! Glad I stumbled across Bigger Pockets