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Updated about 9 years ago on . Most recent reply

How did I go from zero to $20 million in assets in two years?
Hey BP Land!
How did I go from zero to a $20 million portfolio in just two years?
Please come visit my new real estate blog, The Mortar (www.themortarblog.com), and find out!
I will be posting about my real estate journey, how I got to where I am, and how you can, too. The Mortar will be full of practical tips about how to get deals, close them, and run them, as well as how to find investors!
If you want to hear how it's done by someone who's actually done it, be sure to check out www.themortarblog.com!
Why is it called "The Mortar"? Because mortar holds everything together! You can't build a building without it! Without The Mortar, the bricks are useless!
The Mortar will help you escape the grind, take back your life, and control your destiny by learning how to invest in multifamily real estate!
I look forward to seeing you at The Mortar Blog! (www.themortarblog.com)
Most Popular Reply

Why the cynicism?
In January 2014, we had zero units. By January 2015, we had 404 valued at a purchase price basis of just shy of $20 million. Now with the improvements we have put in, they are worth more than $20 million now.
They are the Valley Creek Apartments, Spartanburg, SC (102 units); the Village Park Apartments, Simpsonville, SC (132 units); the Addison Townhomes, Taylors, SC (54 units); and the Timbercreek Apartments, Spartanburg, SC (116 units). You can look it up on CoStar or Reis Reports.
These apartments will have a combined NOI of over $1.5 million in 2015.
We worked very hard and got extraordinary results.