Inherited 28 unit portfolio

[Jacob Sallblad]

Hey guys,

first time posting here. I hope I can get some insight on what to do. I was fortunate enough to inherit a 21 unit multi family building. A 5 unit multi family and a duplex plus my dad's house. All of these assets are paid off. I know there's a way to leverage this into some healthy growth.  Just wondering if anyone has an recommendations on reliable resources 

thanks in advance 

[Kristi K.]

Quote from @Jacob Sallblad:

Hey guys,

first time posting here. I hope I can get some insight on what to do. I was fortunate enough to inherit a 21 unit multi family building. A 5 unit multi family and a duplex plus my dad's house. All of these assets are paid off. I know there's a way to leverage this into some healthy growth.  Just wondering if anyone has an recommendations on reliable resources 

thanks in advance 

29 rentals if they are at full occupancy, depending where they are located, should be great cash flow. At $500/mo per door you would have $175,000 cash flow in a year before operating expenses. At $1,500/mo per door you would be over $500,000. Be very careful who you take advice from online, you should get involved with a local attorney and a local realtor. Your Dad left you a blessing, don’t let a con artist turn it into a scam. Best of luck!