Rental Properties | Buying Multiple

Decide if you want 10 houses in one city (easier to manage) or 10 houses across three states (protects against local economic downturns). 4. Transitioning to Professional Management

Scale brings "statistical certainty" of failure. With one house, a roof replacement is a crisis; with 10 houses, a roof replacement is an expected line item. Maintain a "CapEx" (Capital Expenditure) fund of at least $3,000–$5,000 per unit. 6. The Goal: The "Flywheel" Effect buying multiple rental properties

Create a "playbook" for how you handle tenant screening, maintenance requests, and late rent. 5. Risk Mitigation Decide if you want 10 houses in one

To buy multiple properties quickly, you cannot rely solely on personal savings. Many investors use the BRRRR method (Buy, Rehab, Rent, Refinance, Repeat) to pull their initial capital back out of a property and use it as a down payment for the next. 2. Financing the Portfolio With one house, a roof replacement is a

Always factor a 10% property management fee into your math before you buy, even if you plan to manage it yourself initially. This ensures the deal still works when you eventually hand it off.

Most investors use a method called "The Stack," where they double their unit count with each move: start with a single-family home, move to a duplex, then a fourplex, then a 10-unit apartment.