Taking the next step from 19 rentals to 67!

[Jason Smithey]

I currently own 19 rental units and have basically done everything myself and worked myself to near burn out.  After reading a few books and listening to bigger pockets pod casts I know I may need to hire a property management company IF I go forward and purchase a 48 unit apartment complex that I have been talking to the owner about buying.  The balls in my court now, and the only thing holding me back is I am afraid I can't manage another 48 units, full time job and most importantly, be a great dad and husband. 

Has anybody went through this growth phase?  How did you do it and balance home life, and was a property management company a good solution?  Are there another solution that I am not thinking of?

Real estate is easy for me but time away from my family is not.

[Douglass Benson]

My wife and I own and operate 81 units.  We have a maintenance team to do repairs and to do turns.  We have done virtually everything to make our units bullet proof (new floors, new windows, new fixtures, new paint, new counter tops, new doors, etc. etc.).

This keeps us viable in the market place and keeps our maintenance calls to a minimum.  As a result, we don't need help with management.

It would be good to read a log of what are the numbers and types of activities that you are being forced to do in the role of an investor and and owner of multi-family.