Full Time W2/ BRRR side hustle to Financial Independence Update

[William Collins]

Here is an update to an old post I had about my drive to Financial Independence through real estate. My cousin and I began the journey about 5 years ago, while working a W2 job (me) and a business (him). The goal was to BRRRR everything, but we have a lot of equity tied up in the portfolio which we are in the process of refinancing out. All of our properties are Connecticut based, our average property is a gut rehab do our cap ex and repairs are quite low. We are using property management.

Estimated cash flow minimum per partner

3858.5

Town	Number of Units	Rent roll	Estimated Value
New Britain	3	2650	245000
Manchester	2	2500	230000
New Britain	2	2600	210000
New Britain	2	2450	210000
Manchester	2	2250	210000
Manchester	2	2650	245000
Manchester	2	2750	245000
Berlin	3	3950	365000
Bristol	2	2300	210000
Bristol	4	4745	275000
Berlin	2	2550	240000
Bristol	6	7190	420000
	32	38585	3105000

[Necho Williams]

It is nice to be able to work just because. I arrived there Jan 2017. I continued to work and it allowed me to purchase on average 10+ single family homes per year.