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Updated over 5 years ago,
- Rental Property Investor
- Sumner Trousdale, Wilson Counties in Tennessee
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My first apartment complex
I started several years ago buying vacant land parcels at auction and reselling later for profit. Shortly then graduated to single family rentals for several years. Then bought an existing 6 unit bldg, rehabbed and rented then bought a small vacant parcel and built a 4-plex. Have held the rentals for several years and supplemented with doing rehab house flipping. Recently bought my first vacant 8.72 acre multi-family parcel (currently zoned as R-3 with several allowable residential uses from sfr ,2-4 and Multi or group home.
Wondering what advice the more experienced apartment developers can give to help me along this path.
May also be looking for investor partners with similar experience and goals.
Thanks for the input,
Robert Powers