REI CV - The REI Resume and how to build one

[Josh Calcanis]

Morning BP!

With 2018 coming to a close, I'm going to just make it (fingers crossed) on my goal of a property every 12-18 months. Next duplex is under contract and should have it closed by mid-december.

With that said, I've really been putting thought and research into the next step in the REI game for myself. For me, that involves stepping into my first 'commercial' property. While I plan on getting the rent on the duplex back to market rents and doing about $20k of work on it, the idea is to do a 1031 portfolio deal on both the triplex and duplex. With that cash, I'll plan on moving onto a larger deal. 12-20 units ideally. Depending on the deal, I might utilize some form of HML.

A couple of questions for those experienced with moving onto larger deals mentioned above...

- Thoughts on the strategy? Experience with a portfolio 1031 not working as well/getting less than the value?

- What do you use in a REI resume? How do you pull that together? Is that just normally just your proforma from the purchase then what it's cash-flowing now? This would be used to present to a HML or private money.

Thanks!