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Updated about 10 years ago on .

User Stats

59
Posts
13
Votes
Tony Tran
  • Engineer
  • Long Beach, CA
13
Votes |
59
Posts

2014 is Quite Impressive!

Tony Tran
  • Engineer
  • Long Beach, CA
Posted

Hey BP Family,

I want to start off saying how great BP has been to my family and I. You are my second family!

2014 has been (or still is) an impressive year. A lot of up's and down's, but all for moving the chess piece a leap forward:

  1. 1. Sold and did an 1031 exchange on the Arizona home.
  2. 2. Ended up purchasing 10 rental units and all are cash flowing beautifully and stabled.
  3. 3. Estimated appreciation across all the properties is approximately 14% today. COCR is approximately 53%.
  4. 4. Lost a partner due to family issue and they needed to move on, but established two additional partners on several existing ventures. 
  5. 5. Under contract on a property to get the New Year rolling! :)

I am look forward to seeing what 2015 brings and the best to everyone!

Happy (Early) New Years,

Tony