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Updated over 7 years ago on . Most recent reply

User Stats

93
Posts
31
Votes
Craig Fitzsimmons
  • Investor
  • Victoria, MN
31
Votes |
93
Posts

0 to 6 Units in 2017

Craig Fitzsimmons
  • Investor
  • Victoria, MN
Posted
At the start of 2017 I didn't have any properties. Today I closed on my 4th property (6 units total), and it has been a blast! The first two were townhouses, but the two most recent are duplexes. My average COCR is 21%, with the duplexes both > 25%. Once the last two units move in, I'll be looking to scale to 4-6 unit buildings with the goal of at least 25 doors in 4 years from now. All 4 were MLS listings and I'm working with a local PM company for the duplexes. I'm managing the townhouses and that has gone fine. Happy hunting! Craig

Most Popular Reply

User Stats

46
Posts
1
Votes
Mike O.
  • Flipper
  • Mitchell, SD
1
Votes |
46
Posts
Mike O.
  • Flipper
  • Mitchell, SD
Replied

What are details of financing?

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