Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 11 years ago,

User Stats

92
Posts
22
Votes
Kenneth Huddleston
  • Real Estate Investor
  • Troutdale, OR
22
Votes |
92
Posts

My investment strategy- what do you think?

Kenneth Huddleston
  • Real Estate Investor
  • Troutdale, OR
Posted

I intend to use wholesaling for short term gains and reinvest those gains to build long term cash flow through the buy and hold strategy. My goal will be to make 15,000 a month with wholesaling, which from what I’ve read shouldn’t be unreasonable after I get the hang of it, and use the money each month to put as a down payment on a small 2 or 3 unit multifamily, or perhaps wait longer to save more and get more units, making a minimum of 200 dollars per unit. I intend to , should all the pre-requisites be met, obtain at least 6 small properties a year, with the number of units and cash flow increasing as the pool of money to invest at my disposal grows. Below is a list of what i hope to accomplish in the first 3 years of investing.

Year 1: 180k of wholesale gains and a cash flow of 2400 per month

year 2: 360k wholesale gains and 5000 cash flow per month

year 3: 600k sales and 8000 cash flow

Keep in mind i know that i'm probably shooting high, but i am also a strong believer in big ambitions. That is one of the reasons i got into real estate.

Loading replies...