For a person that invests in multi family units or single family units what’s the big picture goal (outside of getting cash flow of appreciation)? In terms of moving upward in a real estate career. Like the why or purpose/mission.
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[{"id": "e5egges", "text": "Don\u2019t overthink it. It\u2019s like any other investment. Holding until opportunity arises to invest in bigger projects with equal to or greater ROI. ", "replies": [{"id": "e5engai", "text": "Ok think that kind of answers the question, it\u2019s one of those preparation meeting opportunity things", "replies": [], "depth": 2}], "depth": 1}, {"id": "e5f2w2y", "text": "Agreed, selling my 1st building next spring to buy bigger. ROI is 25%, but been able to buy 40% lately", "replies": [{"id": "e5f3ak1", "text": "That sounds killer! Invest to reinvest. How many units are you upgrading to, and is property management a problem? ", "replies": [{"id": "e5f66v8", "text": "Been going from 3s to 8-16 units. I self manage, do most of the maintenance. ", "replies": [], "depth": 3}], "depth": 2}], "depth": 1}, {"id": "e5f70r5", "text": "So meaning you do all the rent collections, cleaning, repairs, etc? Do you do it as full time job or does it take less time than that ? ", "replies": [], "depth": 1}]