All Forum Posts by: Samantha N.

Thanks for this reply! Interesting perspective to consider. 

Welcome Joleen! Are you back in Des Moines full time?

This is a kind of silly question and I know that everyone is going to say the only thing that matters is your deal/your market, but I'm trying to outline my goals very clearly so I can work backwards from that. 

I'm specifically interested in multiplex properties. 

I'm wondering how many properties (units) you owned for a specific cash flow. When you only owned 2 multifamily properties, how much cash flow were they producing? How much for 10 properties?

I know it's very dependent on the market, but I'm just looking for very ballpark figures. I want to know if my future dream looks like me owning 20 units, or me owning 4 giant apartment complexes. Hard to know when I'm just starting out. 

I am a VERY newbie looking to get into real estate investing. I will be coming from the standpoint of investing while working a full-time job, at least for the next 5-6 years. The good part of this is that it's a pretty good job, so it will allow me to have a fair income/cash flow to put towards investing.

Otherwise, I'm a quick learner and fairly good with finances but I'm not bringing anything to the table in terms of knowledge about construction/building/renting/etc. 

In a few months I will be moving. I am currently renting now, but will be in quite a good position to buy something when we move (likely somewhere in the Midwest). I'm thinking about purchasing something like a duplex/triplex. My question is that is possible to make any useful money if you contract the management out to a property management company, or would it be better to try and learn the basics of being a landlord. Honestly, in the long-term, I really wouldn't have much interest in being a landlord. However if it were to save me a huge percentage overall, I could learn over the next few years. The thing that scares me is that I would be living in the same building as the tenants which I'm sure could get awkward after a while. 

If anyone has any experience with learning like this, I'd love to hear from you!

Just starting out real estate investing