Real Estate Deal Analysis & Advice
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated about 9 years ago, 09/07/2015
Reached my goal, now I can post my success thread.
At this beginning of this year I decided to get back into real estate investing. My goal was to buy two income producing assets before the end of the year. Now I have done that.
In April I bought a 4-unit fully occupied, and I conservatively estimated it would produce 1000 each month. It is producing 1300 to 1400, but I haven't had any cap-ex yet, obviously, so I think my figures were just about right.
Just last month, I bought a townhouse near the local university campus. It is producing 200 a month just as I expected.
I'm happy that I made the right choice to return to investing, and I am pleased that I was able to reach my goal early. Maybe I'll have a third deal before the year's end.
Thanks for reading. Best of luck to everyone.
-mc