All Forum Posts by: Sam Deb

Hey @Sam Deb I have done what you are asking about. I've built a portfolio up to 250 units, including 100 single-family homes using the BRRRR strategy along with lease options over the past six years. We sold off several of them over the past year or two so I'm down to about 40 single-family homes and 100 units mobile home parks now. So I can tell you that it can be done. It's not easy. And it's much easier to do it if you have a partner.

@Sam Deb, on paper that looks great no doubt.

In reality what skills and resources are most investors starting with?

1. Are they expert property managers?

2. Do they have a team in place to beat the bushes to source deals to buy?

3. Do, they have project managers and contractors on staff to manage multiple rehabs at once and to start immediately and finish without delay?

4. Do, they have the financial expertise to manage all of this exponential growth from the get-go?

Those are just a few of the reasons that growth doesn't explode magically even though on paper it looks possible.

There are some people who do have some skills/experience in aggregating and do grow faster and bigger than others.

Most investors goals are more modest perhaps to replace their W2 income and get financial freedom and that doesn't require 100 doors. Maybe 15-50 depending on if you have any other income, what kind of market you live-in and whether they are fully leveraged or not.

Also note that you can refinance with lenders other than hard money lenders. Local community banks and credit unions may have no seasoning period for their portfolio loan offerings. They also often do smaller loans that other lenders won't touch.