There are a lot of little things that go into the apartment industry. However, it doesn’t mean you need to do everything by yourself. With that being said, you have to be knowledgeable about it so you can instruct your management company to do those little things for you.
The Secret Language Of Apartments. Apartments offer something that is way much juicier and way more fun. It’s called “cash flow” which is actually pretty cool.
One of the great ways to become a multi-millionaire on just a single property is by investing in an apartment. On my first deal, I bought a 144-unit apartment complex in South Carolina. The great thing about apartments is you don’t have to be a rocket scientist to make these things work. All you need to do is to make it safe, clean and affordable. If it’s in a great location that allows people to have a shorter commute to work, you can be guaranteed that the apartment will be filled 99 percent of the time.