100+ unit apartment owners

[Michael Campbell]

Who on this forum has 100 or more apartment units?  How long did they take to acquire and what is your ultimate goal?

[Steve Olafson]

I just sold about 75 units and bought a strip center.  Still have 75 units left.  I had over 900 units at one time but lost a ****-load of them during the downturn.  Phoenix was hit very hard. 

It took about three years to build back to where I am now. 

I originally started with a four-plex and built to 900 units in ten years.

My goals now are to just follow the market trends and buy/sell accordingly.  I have enough money to get by and don't have lofty goals anymore.