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Updated about 4 years ago,
How to increase property count
Hello!
I currently have one 4plex that I’ve had for about 14 months.
I have saved up around $50,000 more dollars to use to invest into something else this spring. How should I best use that money to get into some more units?
I have a goal of 10 units by end of 2022. Currently with 4, I hope this is possible.
In my market, $500,000 gets a decent 4 plex, and $400,000 get a nice duplex. Tons of $120,000 condos. Average rent for any 2br/1ba $1150/mo.