Did he tell you how he did it?
I think if you want to go after cashflow you gotta do multifam.
He’s doing a mix of multi fam and others. he’s actually running a newsletter, and owns a property management company.
Why is it that engineers will do anything to get out of engineering
he was not an engineer 
Houston is not in a good spot with global warming.
Worked for google right?
Maybe we should buy Austin multi-fams.
Buy a PM company, you would have 100 doors
Don’t think is that expensive.
PM just manages doors. They don’t own nothing.
They could be good profitable businesses though. Very low turnover. Maybe buy a few and have a monopoly in a market?
tomato’s colleague runs a PM company yet he said owned, so you can also say you own 100 doors ![]()
No no, he does own 100 doors, and manages many more (paraphrasing his sentence).
So how did he finance buying 100 doors?
Average rental quality house price in Houston = $200k
100 doors = $20M, possible with $2M downpayment?
He probably did the game consistently. Buy low, improve, take equity to buy more, and eventually make connections for more loans?
Too vague. Can you interview him for something actionable?
Also I noticed many people have fractional ownership of something but make it sound like they are the sole owner. I don’t know if @tomato’s friend is like that. That’s something I noticed a lot on bigger pockets.
Say someone arranges a syndication deal of a 20-door multi-fam, owns 5% of it himself with the rest financed by the syndicate. But he would tell everybody he owns 20 doors.
his isn’t syndication. I would believe his numbers, doesn’t have to be sfr, though.
If so I’d love to see the play-by-play.
Probably multi family. If so 100 doors is nothing special.