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Updated about 9 years ago on . Most recent reply

User Stats

52
Posts
14
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Justin Spaulding
  • Real Estate Investor
  • Milton, WI
14
Votes |
52
Posts

Hi from Milton, Wisconsin

Justin Spaulding
  • Real Estate Investor
  • Milton, WI
Posted

Long story short:

All american college football player. Loved Donald Trump. First investment at age 19 paid me $80 every month through college. Needed a business to take that money and purchase real estate. KILLED IT with direct sales company, AdvoCare. First 4 unit purchase in 2013 - it cash flowed from day 1. TLC has allowed rents to more than double in just 2 years. Now a CASH COW! Second 4 unit purchase in 2014, right next door to first building. Same deal...low rents, poor management, seller wanted out and this time held a second mortgage. Took control of property by writing a $5,000 check. Removed a hoarder in unit #3. Fixed up the place. Rents have since doubled after 1 year...cash cowS!

At 26, I now make a 6 figure income from my direct sales business on 15 hours a week - and its growing. I have numerous others who want to invest in my next project. I will be closing on 8 units across the street from my current 8 in 30-60 days and working on acquiring a 32-64 unit building in 2016.

My goal in real estate is to own 50,000 units at a 12% return/year.  Look forward to engaging with you all, and to hear your stories!

--Justin

Most Popular Reply

User Stats

1,398
Posts
597
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Alex Franks
  • Rock Hill, SC
597
Votes |
1,398
Posts
Alex Franks
  • Rock Hill, SC
Replied

Justin

I can feel the enthusiasm  from here. Good for you great goal.

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