Buying Multiple Rental Properties -
Define your "Buy Box." (e.g., "3-bed, 2-bath, B-class neighborhoods, $150k–$250k, minimum 10% cash-on-cash return").
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
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. Define your "Buy Box