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Updated over 9 years ago on . Most recent reply
How many units do you think a guy can handle and work full time?
How many units do you think a guy can handle and work full time? Assume that everything is run pretty efficiently.
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Hi Ding,
It may depend... (I know.. vague answer) but it probably depends on so many factors: if they are sf or multiplexes (which have some economy of scale); how much work you are farming out (like are you doing it all or using some mowing and plowing or handyperson); how long you keep tenants; the age and condition of the buildings; the quality and type of tenants; even factors like your health, job (flexible or 9-5 all day 5 days a week); and more... all that said....I have done 10 with not an undue amount of trouble and worked full time with flexible job...And I know I could do more, but my wife looks at me funny if I get too busy working on rentals....(did I mention, it also depends on your spouse/partner, if any).... And I have scanned the Autopilot book where that guy is way up there at a dizzying level for a full time job person (but maybe too high for me)..Others may have what worked for them... I would also add look not just at what you can handle a year or two but long term in buy and hold, like what is really sustainable for your work/life balance over a 5-10 years or more...
Best of Luck!