So Many Deals, Not Enough Time, So Little Money

[Justin Woodworth]

Hey BP'ers!

It has been an exciting couple of months for my business partner and I. We closed on a 8 unit out in Sun Prairie WI and after getting through the book "Traction" and "Best Real Estate Syndication Book Ever" we have finally nailed down our 10 year, 3 year and quarterly goals. As such, one of my objectives has been to call 5+ property owners a week. 

I had a really great time talking to multiple investors so now I have been calling MUCH more than that. As it sits we have found multiple multi million dollar portfolios where the sellers are looking to get out. We have set up our underwriting process and our due diligence check lists. It is so exciting to have over 15 million dollars to evaluate. If you would have told me a year ago (I owned 1 duplex at that time) that this is what most of my time would be going to I would have called you crazy. My partner and I have the goal to close on 8 more units before the end of the year (I personally want to nail this 30 unit but he doesn't know that quite yet) and it looks like we are going to be ahead of schedule. Before we do this full time we want 100k a year in cash flow after property management, vacancy and repairs/maintenance. 

The reason I wanted to post this is just to hopefully give one person confidence that they can go out there and DO IT. There is limitless opportunity out there just waiting for you to call. 

Seriously, go out there and do something big.

Justin