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Updated about 11 years ago on . Most recent reply

User Stats

92
Posts
22
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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.

Most Popular Reply

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1,856
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656
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Mary B.
  • Real Estate Investor
  • Lansdowne, PA
656
Votes |
1,856
Posts
Mary B.
  • Real Estate Investor
  • Lansdowne, PA
Replied

Sounds like a plan. So what sort of actions are you taking to get through phase 1?

Kudos,

Mary

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