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Updated over 8 years ago, 06/01/2016

Account Closed
  • Investor
  • Seattle, WA
16
Votes |
24
Posts

Invest in quantity or quality?

Account Closed
  • Investor
  • Seattle, WA
Posted

I've been actively purchasing buy and holds for 5 years before I stumbled on BP a couple months ago. I went dark for the last couple months while I listened to all the podcast. I've learned SOOOO much through the forums and podcasts but still have one burning question. It seems that most investors have the goal of many doors with $100-$200 a door. I recently purchased a triplex for $650K, did a higher end rehab and am clearing $800 a door and about 10% CoC. I was hoping to buy 3 to 4 more triplexes following this same model if I can find them. I'm thinking that fewer properties will easier as it means fewer to manage but maybe I'm missing something because my strategy seems to be so different than most. Should I be trying to buy less expensive but more properties instead?

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