52 units and a new baby girl!

[Andy N.]

2016 has been a busy year. My wife and I are each 30. I have had rentals for several years but this year I have wanted to grow my portfolio. I wanted to grow to 25 units in the next couple years. Fast forward... I have just finished building a duplex and have another 50% complete. While in the middle of this my wife and I welcomed a healthy baby girl, our first. I decided things were not crazy enough and got under contract on a 48 unit complex. I've had my eye open for a complex for a while. They never come on the market in my town. After a couple weeks of negotiations I am finally under contract. Hopefully everything goes through. It is a 48 unit mix of 1,2, & 3 bed units. It has an office and a small onsite laundry. I feel that it's going to be a great value add. Units are $100-$150 below market. Exciting times!