Sold my first 4 unit bought for 11K!

[Shamar Gregg]

Investment Info:

Small multi-family (2-4 units) buy & hold investment in Chicago.

Purchase price: $410,000
Sale price: $590,000

Identified with strong potential for appreciation over a short time by pushing rents ($3000 profit after mortgage paid). After rents were pushed, building appreciated from $410,000 to $590,000 in two years. Sold and reinvested (reinvesting still) capital.