Aiming for 75 Doors by 40

[Malik]

I am buying my first property soon and aiming for 75 doors by 40, I want to chat with experienced owners about pitfalls and daily life, I appreciate any advice or time

 

[renner_22]

75 doors by 40 is ambitious but definitely achievable with the right focus!
The biggest pitfall I see new investors make, especially those aiming for rapid growth, is underestimating the operational side.
It's more than acquiring properties, it's managing tenants, handling maintenance, and keeping a close eye on cash flow.
It's a business that demands a lot of your time and problem-solving skills, especially as you scale.

 

[Malik]

Thanks, that's really helpful to hear, I've been so focused on acquisitions that I haven't fully thought through the day-to-day ops yet, how did you manage that early on?

 

[towelturmoiltalk25]

When I first bought my fourplex, I was totally focused on the numbers,until a pipe burst in the middle of the night and I didn't have a plumber ready to help. I ended up spending the night mopping with my tenants. That was a real eye-opener for me, having reliable systems and vendors is just as important as the deals themselves. It's smart to plan for the future.