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Updated over 14 years ago, 05/07/2010

User Stats

8
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0
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Ehren Williamson
  • Real Estate Investor
0
Votes |
8
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Newbie looking for Apartment Complex advice

Ehren Williamson
  • Real Estate Investor
Posted

20 years of age Texan. I have made roughly 20,000 dollars this year flipping houses. I have suffered a lot of profit loss from under estimating expenses. I am getting tired of flipping and am thinking about getting a small complex with maybe 12-20 units. The plan is to have a management company to manage the tenants and give me a list of repairs. I plan on replacing common things such as light bulbs to reduce expenses. However, with the tenants I feel I am out of my league. This is why I am thinking of getting a management company.

Thoughts? Comments? helpful advice?

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