I clean carpets for a few property managers and complexes and really think the direction of acquiring real estate is the direction I would like to take in life.

He told me that they use a very complex formula to determine if a house is worth the investement.

That's a more complex question that it might seem.Folks who make commissions off buying and selling houses love the idea of buying a start house, a move up house, a mini mansion and then a move down retirement house.

Here, we have a 2bd apt at 450 in an older complex, new units going on line are and will be the same.

I like the guys that work for an apartment complex by day and do side work on nights and weekends.

Hi All,I'm currently looking to buy a multifamily but I'm wondering whether I should go for bigger complex instead of 4plexes.These are the the pros and cons that came in to my mind (Please feel free to add)Pros for 4 plexes:- Conventional financing- Easier to sellCons for 4 plexes:- More expensive price per unit compared to bigger complex- Smaller return compared to bigger complex- More competition in making offers (harder to find good deals)Pros for bigger complex:- Cheaper price per unit- Higher return- Less competition in making offersCons for bigger complex:- Commercial financing- Harder to sell- It's like putting a lot of eggs in one basketA little bit of background about me: I'm a buy and hold investor and currently looking to buy in Arizona.

In other words, spending several thousand dollars to organize a $100K flip deal makes a lot less sense than it does on a $5 million apartment complex.

I've lived in apartment complexes where they were replacing the windows, and told us to clear everything within 5 feet of the windows on a certain repair date.In the future, for future tenants, put it in your lease what can be used as storage.

That's more complex.

Jon Holdmanmy mom is 100% on board with this idea. i did not realize the complexity of what i thought was a simple deal.