Large Multifamily Property Difficulty

[Billy C.]

Hi everyone,

I am new to this community and look forward to learning as well as offering my opinion where I can. I made the decision to get involved with real estate investing because the amount of opportunities are endless and I enjoy increasing productivity and efficiency. I feel intimidated, but I feel this is normal. This is compounded by the fact that I have no experience with a mortgage. I have gained knowledge from a few of the BiggerPockets books, but I realize I have only dipped my foot into the waters of real estate investment.

As of right now, I would like to look further into large multifamily properties (50+units) because I think there is more potential and that type of dynamic may fit my personality better. I will be reading some books specific to this investment type, but know that experience is the best teacher.

I am wondering if I am being too optimistic and perhaps overconfident in my abilities to be even thinking about pursuing a large multifamily property right now?

Meeting you all has been my pleasure and I appreciate any thoughts you may have. Thank you.