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Updated about 1 hour ago,

User Stats

35
Posts
17
Votes
Paul Lucenti#2 Real Estate Success Stories Contributor
  • Investor
  • Long Island
17
Votes |
35
Posts

Closed on our 9th property

Paul Lucenti#2 Real Estate Success Stories Contributor
  • Investor
  • Long Island
Posted

We just closed on our 9th deal and first of 2025 - sales price was $115,000 and total monthly cost is $890. 

HCV in the area pays $2,200. Fully renovated property all new untilities it seems like a grand slam deal. 

We're hoping to be able to only have 1-2 months of vacancy so we can turn it and keep the train going. 

Looking to net 4 figures a month in cash flow with this unit - the goal is to close 7 more by the end of the year - let's see how it goes. 

Any tips on creative ways to scale? 

Thank you all in advance 

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