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Updated over 3 years ago,

User Stats

29
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31
Votes
Wes Mccullar
31
Votes |
29
Posts

Best way for new investors to get into MultiFamily

Wes Mccullar
Posted

Hello BP

My wife and I have spent the last year reading and educating ourselves on real estate investing and primarily Multi-Fam. We are now at a point where we are both just very eager and itching to get started, as I know that is by far the best way I learn is by taking action. Our long term goal is to become full time investors on a large scale and for us to retire from our W2 so we can have more freedom and time with our children and to give back to others.

Where we are feeling sort of stuck is on where we should start. Should we start out by seeking smaller Multi-Fam such as 12-24 units to get our feet wet and gain experience or should we invest a 100k passively on a much larger deal like a 200+ unit with our mentor/coach and learn that way? Which do you all feel is our best approach to getting started and gain the experience and confidence we need to scale higher in the future?

Side note: we are accredited and have very high annual income!

Thank you all for your support and guidance as we start our journey.

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