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Updated over 5 years ago,
I Want to own apartments without syndication is that possible?
I have been investing for approximately 18 years and it has been in Single families. I've done most kinds of SFH deals.
Flips, wholesale, rentals, wraps, etc. Early on in my investing journey I had a partner and we bought a number of SFH together and ended up needing to liquidate due to needing to end the partnership.
Since then I have done deals, and currently getting paid monthly on approximately 34 SFH. I have looked in to apartment investing, but I'm not wanting to just do value adds and sell. I want to own apartments Long term for the cashflow. I don't want to syndicate. I talked with one syndicator and was not convinced to invest as a money partner, whereas I'm turning my money at a much greater return with single family houses.
My tax returns do not show a lot of profits and I have been self employed almost all of my life. If I keep buying single family for a few more years then I could retire in the near future if I wanted.
I’m hoping to buy 20 plus apartment buildings with no partner other than my wife. Am I dreaming or can I do this solo?