All Forum Posts by: Charles Tharp

Hi @Charles Tharp, welcome to the community!

There are so many great strategies out there that it definitely can be hard to determine which one is best and right for you.

Your long-term goal is to get into multifamily but why is that your goal? Is it because it is easier to scale? Is it because you want to only deal with one property to get 16 doors rather than 16 properties? 

Also, what are your short-term goals? Are you looking to increase your monthly income? Are you looking to lay the foundation for generational wealth?

Answering these questions will allow both myself and the members of the community to better assist you in narrowing down your options.

Let me know if I can be of any assistance.

I’m a workaholic so anything works for me. Short term goals are to generate a very comfortable secondary income. My wife and I own a decent size childcare business that provides a good income but not consistent. 
Short answer multi family (Apartments) I’m familiar with, grandparents were property managers, so makes sense to me. However starting off with individual properties sounds fun. 
mud also like to ensure my kids and grandkids have something to give them a leg up when I depart this realm.