New Member Introductions
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Creative Real Estate Financing
presented by
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated 6 months ago on . Most recent reply
New to BP and willing to explore
Hello,
My name is Jimmy. I am from Voorhees, NJ. I already have one rental property that I own, but want my goal is to reach 40 doors in the next 20 years. Any random tips and suggestions highly appreciated.
Most Popular Reply
Stuart Udis
#1 Land & New Construction Contributor
Pro Member
#1 Land & New Construction Contributor
- Attorney
- Philadelphia
- 1,718
- Votes |
- 1,136
- Posts
Stuart Udis
#1 Land & New Construction Contributor
Pro Member
#1 Land & New Construction Contributor
- Attorney
- Philadelphia
@Jimmy Patel Welcome! Lots of good information available in these forums. My first tip is to reset your mindset. Do not set a goal of reaching a set number of units because there is absolutely zero correlation between the number of units you own and success. The objective is to build a profitable portfolio and when you begin chasing doors you ignore the fundamentals your underwriting should focus on and make bad investment decisions.