Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Multi-Family and Apartment Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 3 years ago,

User Stats

124
Posts
50
Votes
Michael Junior
  • Real Estate Agent
  • San Diego, CA
50
Votes |
124
Posts

10+ unit multi family

Michael Junior
  • Real Estate Agent
  • San Diego, CA
Posted

Ready to expand and grow. Started 2018 with buying a duplex. 2019 I bought a 3 and 4 unit side by side. 2020 I bought another triplex. This year I exited the 3 and 4 family and turned a wonderful profit. I learned a lot in the past three years.

1. I’m not good at managing property

2. I don’t want to manage property

3. I shouldn’t be managing my own properties

The last few months I have been struggling with what to do. I love looking at deals, running numbers and pursing the deal. I just don’t love the day to day!

At this point in my RE career I feel I’m ready to grow. Looking to purchase a 10-15 unit and start to scale. Implementing a management company and taking myself out of the day to day.

I have about $250k liquid and a partner with about 500k liquid.

If you were me, what areas would you be looking at to buy smaller apartment buildings as I am?

Fully ready to invest out of state ( I currently live in CT ) so open to all options!

Any insight helps. Thank you guys!!!

Loading replies...