More doors is more money ... right?

[Matt Oberski]

Hey all, I’m in SW FL, Fort Myers area. Definitely feel free to guess for here or to provide your own experiences/statistics.

Over the last two days I’ve had conversations with individuals who have no experience investing, but want to. Both want Cashflow, long hold. With person number one, he is thinking would like to try a multiplex. Around me, there are options everywhere from duplex to quad Plex in his price range ($400k). In your expedience, is the idiom,”more doors is more money” always true?

I know personally from a PM perspective it may bring more income, but also requires significantly additional outlay and expense.

We would be looking at a loan with person number one, and potentially some multi partner dealing with person two.

If more doors is more money, is it potentially better to have them work together? What experiences do you have with multi-partnerships versus single ownership?