Back when I was flipping houses, I ran into a few big problems. We were doing about a dozen flips a year—pretty good numbers—but it wasn’t scalable. It wasn’t passive. And honestly, it felt like a full-time job with a ton of risk.
If you’ve been flipping or thinking about single-family rentals, I get it. But I want to show you there’s a better way. Today, I own over $300 million in apartment real estate, I’ve got true passive income, and I’m financially free. And I didn’t get here by flipping more houses—I got here by investing smarter.
The Problem With Flipping (And Rentals)
Let’s start with flipping. You can make $50K on a flip and that’s great, until you realize most people can only handle one or two flips at a time. That caps your income. Let’s say you do two flips a year and make $100,000.
Awesome, but what if you want to scale that to a million? Suddenly, you need to do 20 flips a year, which means a full team, lots of risk, and zero time off. Plus, if you’re not actively buying, fixing, and selling, you’re not making money.
Then I thought, what if I hold on to some of these houses and rent them out? That’s got to be more passive, right? Well, not quite.
To make $10,000 a month in passive income, you’d need around 50 rentals that each bring in $200/month. That means 50 transactions, 50 properties to manage, 50 furnaces, and 50 sets of tenants.
Why I Turned to Multifamily
Then the 2008 crash hit. I saw investors lose everything they spent years building, just gone overnight. Their entire portfolios were wiped out, and that scared me. I realized single-family real estate wasn’t just unscalable and not passive—it was also risky. I needed a better path.
That’s when multifamily found me.
In 2011, one of my wholesalers brought me a 12-unit apartment building in Washington, D.C. I gave it a shot. It was rough at first—a professional tenant made my life miserable for 18 months. But once things stabilized, that property sent me $1,500/month in true mailbox money. That’s when the lightbulb went off.
One deal, 12 units. Not 12 houses. One building. One closing. One set of paperwork.
And better yet? I could hand it off to a professional property manager. I didn’t have to fix toilets or chase rent. That changed everything.
Why Multifamily Makes More Sense
Here’s what I realized:
- It’s scalable – You can go from 12 units to 24 to 100+ without doing 50 separate deals. Just one transaction gives you a whole bunch of doors.
- It’s more passive – Multifamily properties are big enough to hand off to full-time, experienced managers. That means you can focus on growing instead of grinding.
- It’s less risky – When the market crashes, single-family homes get hit hard. In 2008, 4% of homes went into foreclosure. For multifamily? Just 0.4%. Why? Because with a house, one vacancy means zero income. With an apartment, you can still cash flow with a few empty units.
Multifamily gives you stability, bigger numbers, and the freedom actually to enjoy your life. You can scale without burning out. You can take a vacation and not worry about losing income. And when things go wrong, it’s not game over.
The Shortcut I Wish I Had
Looking back, I flipped three dozen houses before I figured this out. I wish I had skipped all that and gone straight into apartments. That’s why I created a course called Apartments 101. It breaks everything down—the basics of multifamily, what a syndication is, how to raise money, and how to find good deals.
You don’t need years of experience to get started. You don’t need to flip houses first. You just need to understand that single-family real estate will take too long, cost too much, and stress you out before it frees you.
Multifamily investing changed everything for me, and it can do the same for you.
Want to Learn More?
If you’re tired of flipping houses or juggling rentals and want to scale smarter, check out Apartments 101. It’s designed to help you skip the pain and go straight to passive income, financial freedom, and scalable wealth.
Click the link here and get started today.
Let’s do this.