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Updated over 6 years ago on . Most recent reply

User Stats

36
Posts
9
Votes
Stephen Chaney
  • Greenville, IL
9
Votes |
36
Posts

New company, new investors, big goals.

Stephen Chaney
  • Greenville, IL
Posted

Hey Biggerpockets!

My name is Stephen Chaney. My wife and I are brand new to multi-family investing. Our new company (B&C Commercial Properties LLC) has purchased it's first 6 unit multi-family. Our first investment is located in Highland IL and there are a few other opportunities we are looking at in the same area. We hope to own 10+ units by the end of this yeara and we would like to double the amount of units purchased next year and so on.

My wife and I have been interested in investing in real estate for about five years, we spent a lot of time talking and preparing, and not a lot of time acting. I'm not sure what happened, but something clicked and we jumped into action on our first property. I've spent a lot of time watching and studying groups like BiggerPockets and Derosa group. Immediately after purchasing our first property I sent an email to Derosa group for his Mentorship Monday series. It was a blast to watch and listen to his advice for the future of our company. Here is a link to his video answering some of my questions.

I've created a YouTube channel to document our growth as multi-family investors. My first video I explain how we prepared, how we financed, and what our plans are in the future. I was a bit nervous so there is a ton of missing information. I also did a walk-through of the property and one of the vacant units. If you want to check it out, click here!


Thanks,

Stephen

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