All Forum Posts by: Natalie Lindsey

@Michael Wagner Wow! I love the blog! I already started reading a couple of the articles and plan to set some time aside to read some more! I’m going to a 3 day Multifamily boot camp this weekend by Rod Khleif to see what I can learn from that, but your blog seems to address many of the questions I have. It is exactly the kind of information I am looking for! We have dealt with tenants/repairs/etc. but I think we are ready for something a little more passive. Single family homes have been great to learn from but if a tenant moves out it’s 100% vacant, which as you know means $0 cash flow. Storage units seem to be a lot less drama, while also having multiple units to bring in cash flow. We like the idea of that. I also heard recently that storage units tend to do well during a market correction. That has peaked my interest even more. Thank you for such great info! I will definitely continue reading about your experiences with storage units thus far.

@Scott Meyers this is so helpful! We are a military family and our rentals have been in different states. Overall it has worked out fine. With that being said, we want to scale and have decided we will do that with Multifamily. We do want to be able to sleep at night though and don’t want to get in over our heads with tenants that are going to drive us crazy. The more I think about storage units, the more I like the idea! As you mentioned, you don’t have tenants complaining about the neighbor next door. I think this will be a great direction for us to go. I’m hoping we can build generational wealth for our family and that we can eventually “retire” my husband so we can focus on real estate full time. Thank you for your comment!

@Alina Trigub thank you for your insight! I enjoyed reading the article and it pinpoints the exact reasons why I want to make the transition to Multifamily.

I am planning to jump from SFH investing to apartment buildings or storage units. I just can't decide which one to go for. Once a decision is made I plan to educate myself extensively moving forward. Any advice or recommendations? Anyone invest in both and like one better then the other?

@Dave Foster thank you for this information. It sounds like we missed out this time but we will know for future reference. Either way we still plan to move forward with the purchase of this other home. Just wish we would have planned it out a little better to use the 1031 exchange. Oh well, you live and you learn right?! It seems there are a lot of learning lessons when it comes to real estate investing.😊

My husband and I sold one of our rental properties towards the end of May. We have found another property we now want to purchase. Could we possibly still do a 1031 exchange or is it too late now? We did not know for sure that we were going to be purchasing this other property so quickly after selling the other so hadn’t really thought much about a 1031 exchange being an option at the time we sold it.

Thank you for this thread. My husband and I have been landlords for over 11 years but only with two properties. We feel like we are ready to branch out and buy more real estate. I am trying to educate myself as much as possible so that we can avoid as many mistakes as we can as we expand. I think these are great tips! I have been going to some of our local meetups where we are currently stationed (military family). Although we are investing about 7 hours away in our hometown, I am still learning a lot from the local meetups. Thanks again for this useful info!