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Updated almost 6 years ago,
Large multi family investing
I’m an investor from Brooklyn, ny. Currently have 10 units locally and long distance all 2-3 family units. Local units are self managed long distance units are managed by a pm. Short term goal is complete financial independence. Long term goal is wealth building. Contemplating next steps:
Continue with small multis?
Move into larger multis (10s of units)
Aggressively purchase single families
Would love to hear your pros and cons and experiential anecdotes especially regarding investing in larger multis long distance.
Thanks BP fam!