Investing in Apartment Complex

[Amir B.]

Hi Guys,

I have been on BP for a year and a half now. My wife and I currently own two SFH rentals in Sacramento and Parma. We stopped making offers on SFH/MFH because of offers kept on getting rejected (Parma/Lakewood).

Recently an idea popped into my head. Why continue to invest in SFH or duplexes and why not invest in a 40 or 50 unit apartment complex? The goal is the same retire early (60 years old). However, I am aware that commercial is a different ball game.

I'm seeking advice from other investors who changed their strategy from residential or commercial. A good or bad idea?

Please help. I am happy to share any information.

Thanks,

Amir