This significantly lowers the cost per door and improves your return on investment.Scalability: A three-story walk-up design allows you to maximize your build cost and land use, just like most professional apartment developers do.Control with New Construction: Starting with a new build ensures fewer risks, as you’ll have control over the property’s condition and avoid surprises from existing structures.Pro Tip: If you do go with an existing property, make sure to thoroughly vet the deal to avoid hidden costs and issues.For first-time investors, multifamily new construction is often the best way to scale quickly, reduce costs per unit, and build a sustainable rental portfolio.

Accepting this deal aligns with your goals of scaling sustainably.

Focus on areas with sustainable growth and manageable competition.Good luck!

So, I’ve developed a list of what financial intermediaries SHOULD and SHOULD NOT do in order to establish a viable, sustainable intermediary business1.

Most of the Turnkey companies that have been at this for any number of years will be the first to tell you they started in these areas and quickly learned they are not sustainable.. and moved up in asset class.. so they could continue to have a viable business.

That rent just isn't sustainable and tenant could be unable to continue to pay...or could look elsewhere due to it being above market.

Those newer pickup's individually did not sustain themselves, but typically had the mortgage paid off within a few years.

“I just know that I would find mobile homes and fix and flip them.”On ExpressNews.com: Investors allege San Antonio woman — the ‘Queen of Mobile Homes’ — is running a Ponzi schemeThat was one of about 100 times Van Gundy, 45, told the attorney and others she didn’t remember, recall or know the answer to a question during her first meeting with creditors.During the hour-and-45-minute proceeding in her Chapter 7 case, Van Gundy said she sustained a brain injury late last year after falling and hitting her head on a concrete table at her home.

However, we plan to keep our jobs until we’ve reached a sustainable point with our investments.Right now, wholesaling hasn’t been working out for me, and while I’m not giving up on it, I’ve realized I need to focus on one thing at a time.

Collin, your post resonates with anyone who is trying to be good at REI.