What is the average number of units owned by Moms& Pops’?

[David Silva]

Hi Bp Community,

I have an interest in getting into multi-family and i want to target properties owned my single owners and not big companies. 

What is the average number of units that they normally hold? 

And what markets are more likely for those to be in? 

Thank you!

[Anthony Gayden]

Originally posted by @David Silva:

Hi Bp Community,

I have an interest in getting into multi-family and i want to target properties owned my single owners and not big companies. 

What is the average number of units that they normally hold? 

And what markets are more likely for those to be in? 

Thank you!

 This is from https://www.landlordology.com/portrait-american-landlord-infographic/

Portrait of an American Landlord

Gender and Relationship Status:

• 85% Male / 15% Female
• 62% Married / 38% Unmarried

Average Annual Income: $97,000

Number of Rental Properties Owned:

• 50% own 1 Property
• 18% own 2 Properties
• 6% own 3 Properties
• 26% own 4-25 Properties