From 11 to 250 Units: Why Managing Crappy Multi-Family Deals Built Our Empire

Send us Fan MailIn this episode of the Investing RN Podcast, Josh and Colin take you inside the messy, chaotic, and crucial early stages of building a real estate portfolio.Starting with just 11 crummy multi-family units, they learned the hard way that good management beats good deals — and that lesson helped them scale to nearly 250 doors.They share everything they wish they knew earlier about managing small properties, raising rents without losing tenants, preparing for $8K surprise repairs, and why every “bad” deal is actually a training ground for success.If you’re serious about real estate investing, this is the real talk nobody else is giving you.🔑 Main Topics Covered:🏚️ Why crummy multi-family units are the best first investments🛠️ How learning property management early unlocks future scaling📈 Why building systems (like Buildium) matters BEFORE you grow💸 How to raise rents ethically — and survive the backlash🚿 Planning for emergency costs: wells, pipes, disasters and more📱 Follow & Connect:Instagram: @InvestingRNPodYouTube: Investing RN Podcast Website: coming soon 👀⏰ Timestamps:00:00 – Welcome back + why it's just Josh and Colin today02:00 – Reflecting on massive portfolio growth (109 to 250 units)04:30 – Setting big, maybe crazy goals (1,000 doors dream)08:00 – Systems vs Chaos: From Excel spreadsheets to Buildium10:30 – Managing properties remotely the smart way14:00 – Why your first deal being "crummy" is actually a gift17:00 – Raising rents: balancing compassion and cold math20:30 – Why you should rip the rent raise bandaid off early24:00 – Reality check: $8K well pumps, $10K plumbing bills28:00 – Why you’re not cash flowing if you don’t save reserves30:00 – Dividing business roles: Lead gen, banking, ops33:00 – Scaling is impossible without systems36:00 – Launching the Investing RN Community (coming soon!)Be sure to follow us on instagram hereSubscribe to our YouTube channel here Click the link, share your contact details, and we'll help you get started on your investment journey. Start now!