How Big is Your Empire?

[Timothy Hero]

 Hey BP community,

I recently joined BP and I see it's a very active community for networking. I have spoken to all walks of life from residential investors to commercial office space investors and real estate developers. When I ask the question "what's the goal?", the answer always seems to be "more". 

With that being said, I'm curious to hear from the BP community on this. How many rentals do you own and how many are you trying to accumulate? 

Is too much a headache, or with the right management company in place, is it worth it? 

For me, my goal is to own $50 million worth of rentals. Sure, to some, this may some unrealistic. But anybody involved in real estate with ambition knows the power of leverage in real estate.

Looking forward to the reponses!

[Johnoson Crutchfield]

Mindset is everything.  You can own 50 million in real estate if that's your goal.  It's all about how you set up your systems and organization.  Good to start small to learn the systems and then stretch yourself deal after to deal.  The bigger problems you can solve, the more you can achieve.  I'm currently solving problems for 100 rental units, but soon I'll be solving 500 unit problems, then more.... You can do it if you're willing to develop systems to do the work for you.