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Updated over 7 years ago,

User Stats

7
Posts
0
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Mason Adams
  • Littleton, CO
0
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7
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Start big or small? - Apartments or Multifamily

Mason Adams
  • Littleton, CO
Posted

Hello,

My name is Mason, I am 25 and I am looking to do my first real estate deal. 
I was thinking 20 Units+ and at this time I have captial for down payment of 100-300K.

My question is; Should I start small 1-5 multifamily properties or should I buy myself an entire complex and move forward from there?
I travel cross country non-stop so I will have to hire a property management company. I have my criteria for what I want to buy, I have read many books. I feel if all my units are in one spot it'll be easier for property management. Should I start off big and trust the property management or should I start small and handle it myself?

I appreciate any insight, suggestions, and ideas you have. 

Thanks!

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