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Updated about 2 years ago,

User Stats

281
Posts
128
Votes
Stephen Jones
  • Rental Property Investor
  • Illinois
128
Votes |
281
Posts

To sell to scale or to build capital/equity to scale

Stephen Jones
  • Rental Property Investor
  • Illinois
Posted

BP,

I have a reletively small portfolio of 72 units. I am 34 years old and I'm extremely motivated to scale my RE business and to scale it quickly. I started my multifamily rental property business at the age of 25 so I'd like to think I've made some good progress over these last 9-10 years. My goal is to get to 300-500 units. Is it easier to reach that goal by selling to scale? Or is the better route to just continue to pay my loans off, build equity, continue to stack cash and wait a few years for the next big purchase? I currently just feel stuck and I'm wanting to continue to move my feet and move forward in this business. It's 100% my passion. Thanks!

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