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Updated about 4 years ago,

User Stats

8
Posts
1
Votes
Matthew French
1
Votes |
8
Posts

How to increase property count

Matthew French
Posted

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.

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