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Updated over 8 years ago on . Most recent reply

User Stats

173
Posts
154
Votes
Chris Jackson
  • Investor
  • Southold, NY
154
Votes |
173
Posts

Hit new milestone - 4 closes in 4 weeks with 4 more in contract

Chris Jackson
  • Investor
  • Southold, NY
Posted

Pretty excited to have our system working to the point where are closing 4 deals in a month with a pipeline looking like 4 more closes next month. These are single family rentals.

We also closed on a 12 unit earlier this year and have a few apartment buildings in various stages of the hopper, but they take a bit longer so its hard to predict when they all will reach their next stages. 

Been a good year so far.  Need to keep pushing.

  • Chris Jackson
  • Most Popular Reply

    User Stats

    173
    Posts
    154
    Votes
    Chris Jackson
    • Investor
    • Southold, NY
    154
    Votes |
    173
    Posts
    Chris Jackson
    • Investor
    • Southold, NY
    Replied

    @Desteni Barnes - hard work, persistence, marketing, relationship development, pipeline forecasting.  work while your competitors are watching Marco Polo series binge on Netflix (i just watched that actually lol but just late at night after my fam was in bed and I had put in a 10 hourer   ;) )

    @Luke G. - same as above but a variety of ways.  feeders from brokers, postcards etc  no magic pill i hate to say, wish there was

    @Michael Noto - in Syracuse NY.  But now that my POC (proof of concept is working and have picked up 15 this year, I am looking for other cities as well that fit the same model. They are out there.  Rochester, NY and some others as well)  But I caution, It VERY EASY to make mistakes in this model.  There really is no room for error.  I have been in this game for 8 years and know what I am doing. I am also not saying this to keep competition away.  I have to say I am buying properties from investors who made mistakes and lost their shirts and I come in and know what to do.  Be careful don't rush into this model.  I am a multifamily guy applying a multifamily approach to a single family model.  It a very different way to think about things.  At its essence its simple but simple is usually lots of hard work and experience masked as simple.

  • Chris Jackson
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