Is the goal to own real estate or to make money?

[Jim Pellerin]

I get confused when I hear people talking about how many deals they've done? Or how many single family homes they own? I dont think this metric neccesarily contributes to the making lots of money.

Why not just go raise some money thru a syndication or joint venture and buy a 100 unit apartment building that has a cap rate of 6 or more. And yes there are deals like that out there. I'm looking at 2 right now. And because you can afford a real property manager you don't care where they are located.

Food for thought.