Forget Buying A Single-Family Home: Purchase an Apartment Complex
Fairless is closing on his first apartment complex in June - a $6.8 million lease agreement for 168-unit apartment complex in Cincinnati, OH under a syndicated deal with a group of investors.
"It's more work to buy an apartment, but the returns are greater," Fairless said. "If you want scale, it's an apartment complex. It's the equivalent of buying 100 homes at once."
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