on't have to buy a 400-unit for your first deal

[Justin Goodin]

👉You don't have to buy a 400-unit for your first deal

But I would recommend this:

Just get started.

Figure out how much time you have to devote to real estate investing and determine your goals.

You can get started in 3 ways:
1. Buy a 6-unit on your own
2. Acquire a 40-unit with a few local partners
3. Invest passively with an experienced real estate investor

Stop procrastinating
Stop having analysis paralysis

Taking no action is the riskiest thing you can do.

// Let me know if you plan on investing in real estate this year 👇

[Scott Trench]

@Justin Goodin - I'd be interested to learn more about this. 

I want to call out some incongruities here, given that you just DM'd me asking to delete @Melanie P.'s direct challenge to you. 

1) Your post is literally titled "You Don't have to buy a 400-unit for your first deal". 

2) Melanie is calling you out on this one because the deal at the bottom of your "portfolio" page on your website (a reasonable person can infer that it is the earliest acquisition for Next Level Equity) is literally a 236 unit apartment building, which is a little incongruous with the title of your this forum thread you started. 

3) Melanie is directly challenging you, stating that she doesn't believe you were involved in the deal. And, alleging your response deflecting her challenge. 

4) You DM'd me asking to delete Melanie's posts. 

5) You are the most prolific contributor in this multifamily forum. 

You can see why this set of facts is setting off a number of alarm bells for me. My job is to preserve the integrity of this brand, and that starts with an open and honest forum, and the ability to be frank. 

Good operators deal with challenges all the time - that's how they raise capital from skeptical LPs, like me. 

You can put them all to rest by directly answering Melanie's question. I'd like to know now too.