Not 1,000. Not even 100. Just 30.
Most people getting into real estate are told to start small. Buy a duplex. Maybe a fourplex if you're feeling bold. And while that's a step in the right direction, here's what no one talks about.
The real shift happens when you hit 30 units.
Let’s keep it simple. Say you raise rents by $200 over time. You’re not gouging tenants, just keeping up with the market over 5 to 7 years. On 30 units, that’s an extra $6,000 per month.
Multiply that by 12 months and you’ve got $72,000 a year in additional income.
Now apply a 7% cap rate. That one move just added over $1 million in value to your property.
That’s how wealth is built in multifamily real estate. Quietly. Consistently. By owning the right number of doors and letting time do its thing.
You don’t need to chase 1,000 units. But you do need to think beyond two or three. The goal is cash flow and equity. Ownership and leverage.
So what’s keeping you from getting to 30 units? Drop your answer below.