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Updated almost 7 years ago,

User Stats

678
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531
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Tony Castronovo
  • Rental Property Investor
  • Park City, UT
531
Votes |
678
Posts

Bitter Sweet Day Coming Up snif snif

Tony Castronovo
  • Rental Property Investor
  • Park City, UT
Posted

Well, last night I lightened up my keychain (felt really weird to not have that weight in my pocket). Packaged up all the keys to my single family houses in preparation for tomorrow's closing. As some of you know, I have sold my entire SFR portfolio and tomorrow I will be "homeless" snif snif.

My journey started in late 2014 but didn't buy my first property until early 2015. I was able to amass 8 SFR rental properties...got distracted with a nightmare flip in late 2015 / early 2016 (I posted about this awhile back)....but rebounded after that setback establishing processes, systems, relationships, and confidence one property at a time. No home runs but I'm quite happy with consistently getting men on base with singles and doubles. While I preferred not to sell, it's the best way for me to focus my time and money on multi-family apartments. We are currently under contract and in the due diligence phase on a 16-unit. While I am sad to part with my single family homes and how I cut my teeth in real estate, tomorrow will be a key inflection point and beginning of a new set of challenges. I am sure I will be reaching out to many of you for continued wisdom. Thankful for the BP community!

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