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Updated about 1 hour ago,
Paul LucentiPoster#2 Real Estate Success Stories Contributor
- Investor
- Long Island
- 17
- Votes |
- 35
- Posts
Closed on our 9th property
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