“Go Big Or Go Home?” Or Start Small and Build Up?

[Maksim Easley]

Hello BP. I am wanting to get into real estate investing, more specifically larger multi family. I have book knowledge and from BP Podcasts but I don’t have any experience yet though and was wondering tips on how I should go about it. Should I start small with single families, small multis, or go straight ahead into 20+ unit multi families? In other words, will owning and operating smaller family homes translate into the larger multi families or is it a completely different game? I don’t want to waste much time in the smaller scale family homes/rentals if the skills don’t necessarily transfer & I’d have to essentially start over from scratch. Just really curious about other people’s thoughts and personal experiences. Thank you in advance!