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Updated almost 8 years ago on . Most recent reply

User Stats

214
Posts
34
Votes
Vincent Chen
  • Real Estate Investor
  • Philadephia, PA
34
Votes |
214
Posts

The bigger, the better and easier

Vincent Chen
  • Real Estate Investor
  • Philadephia, PA
Posted

Spend long time eduction and contact with the people in the apartment building area.

Already got the logic of the bigger, the better and easier.But how can someone jump into the bigger game (>100 units)? Without experience, track record and reputation, how can someone get into this bigger game?

Right now,I can start with small size (~20 units),even I use value add strategies successfully and trade bigger and bigger, it still takes time for me to get into the real bigger game, any good path for that?

I am in my earlier career phase, so I focused on equity more than cash flow and have to value play game to build wealth.Need suggestion for the path to jump into bigger.

Thank you

Most Popular Reply

User Stats

254
Posts
265
Votes
Bruce Petersen
  • Rental Property Investor
  • Austin, TX
265
Votes |
254
Posts
Bruce Petersen
  • Rental Property Investor
  • Austin, TX
Replied

That's it, you have to put in the time and learn your craft.  Patience and diligence is what it takes.

If you are impatient you are more likely to make bad or reckless decisions.

Start small and work on your presence in your market, it's not going to happen over night.

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