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All Forum Posts by: Blaine Watson

Blaine Watson has started 4 posts and replied 14 times.

Post: Buying a 24 unit as your first multi-family investment

Blaine WatsonPosted
  • Rental Property Investor
  • Fort Lauderdale, FL
  • Posts 14
  • Votes 4

great input @abraham Anderson. Much appreciated. 

Post: Buying a 24 unit as your first multi-family investment

Blaine WatsonPosted
  • Rental Property Investor
  • Fort Lauderdale, FL
  • Posts 14
  • Votes 4

Thanks Tom. Are you talking about your area having low inventory and high prices or thr market as a whole? 

Post: Buying a 24 unit as your first multi-family investment

Blaine WatsonPosted
  • Rental Property Investor
  • Fort Lauderdale, FL
  • Posts 14
  • Votes 4

Jaysen Thanks for your input, yes I see the sense in that. I also just want to make sure I don't tie up funds in something that throws of very little cash flow but, I suppose that is the price of education. 

I just don't want to tie up cash and time for little return if there another option to get traction quicker.  

Alina, I don't have a lot of time but would be happy to get a management company involved! 

Thanks 

Post: Buying a 24 unit as your first multi-family investment

Blaine WatsonPosted
  • Rental Property Investor
  • Fort Lauderdale, FL
  • Posts 14
  • Votes 4
Hi everyone, I wanted to get some ideas on whether to save up and do a large multi-family complex first (24 or so) or whether to start small. I want to be cautious, but also hear that its hard to generate cash flow with a small amount of units and that the bigger investors with 24 units and up will be hard to compete with in the local area. Can I just do alot of homework and still pull it off with a 24 unit or is this a bad idea cause I don't have the experience behind me. Thanks in advance for your input Regards Blaine