Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
New Member Introductions
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated 5 months ago on . Most recent reply

User Stats

7
Posts
11
Votes
Garrett Dube
  • Rental Property Investor
  • Toledo
11
Votes |
7
Posts

3 SFH Rentals | Goal is 50 units

Garrett Dube
  • Rental Property Investor
  • Toledo
Posted

My wife and I started buying out of state SFH Rental Properties in 2022. We have 3 so far with a goal of 50 units within the next 4-5 years. Primary focus is Sec 8 tenants when possible.

Our current units are in Toledo and plan to start buying in other areas of Ohio. 

I'm currently exploring the best options to pull the equity out of my current properties.  

I'm looking forward to learning and sharing as we grow. 

Thanks,

Most Popular Reply

User Stats

1,017
Posts
1,561
Votes
Stuart Udis
Pro Member
#5 All Forums Contributor
  • Attorney
  • Philadelphia
1,561
Votes |
1,017
Posts
Stuart Udis
Pro Member
#5 All Forums Contributor
  • Attorney
  • Philadelphia
Replied

@Garrett Dube Why 50 units? Do you believe the xyz amount per house in rental income multiplied by 50 will be your early retirement? Keep dreaming. That's not how this business works.  Whenever I read investor posts about unit count goals and utilizing section 8 rentals as the vehicle to scale a portfolio it loosely translates to buying real estate without paying attention to the fundamentals in the markets where they invest. You can own 1000 units and get crushed in this business. You can also own a handful do quite well. Your focus on an arbitrary unit count isn't indicative of success and can lead to bad investment decisions. 
 

  • Stuart Udis
  • [email protected]
  • Loading replies...