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Updated almost 8 years ago, 01/05/2017

User Stats

16
Posts
7
Votes
Cheri Banet
  • Residential Real Estate Broker
  • English, IN
7
Votes |
16
Posts

How was your 2016? Did you meet or exceed your real estate goals?

Cheri Banet
  • Residential Real Estate Broker
  • English, IN
Posted

Finished out 2016 with 2 buy and hold duplexes purchased in April. One of which my college age daughter is living in as a house hack for college housing. Great Cash flow on these and want to do some more. Doing some upgrades now after saving all the rental funds to get some forced appreciation.  Thinking of selling them in 2018 when she finishes college and utilizing a 1031 exchange.  This will give me time to figure out how to do 1031 exchange as I've listened to books on this subject 3 times but can't quite get my head wrapped around it all. Also, just finished the reno on a commercial property which I purchased in August and listed on December 30th. Check out the listing in under the commercial market place if you're interested. So glad I started real estate investing.  I've had a lot of fund along with the worry and headaches of being a newbie but the payoff has been worth it. I've been off the Bigger Pockets radar for a while working on these deals and I want to see how everyone else did this past year.  

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