An update on my post from 3 years ago re: my rentals

[Beka Shea]

@Or Levy asked for an update on my properties and I thought I'd post it here for anyone else who is looking.  It's been about 3 years and I'm happy with my Pottstown properties (even the "Just because you CAN buy a house for $5000 doesn't mean you SHOULD buy a house for $5000" one that I ended up putting $50k in work into).

It took us about 18 months to get them stabilized - deal with all the repairs that popped up during initial renting and whatnot. I picked up 4 more properties along the way for a total of 6. I was able to BRRR them, and so I got some cash out (maybe 10k). In the past 12 months, they have a NET cashflow of about $150/door (I'm shocked how accurate my prediction was before). Additionally, Pottstown has experienced some great appreciation in the past few years. Hope this helps!

[Clark Kirkpatrick]

Thanks for sharing this Beka! My Pottstown portfolio looks similar, but about 2 years behind you, so this is interesting for me to see.