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Updated over 5 years ago on . Most recent reply
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Almost a year in and up to 4 properties 10 units!
Here I am one month away from my first full year of being a real estate investor/landlord! Last year in Sept. I took a leap and bought my first duplex. Then in Feb. I purchased my second duplex. Two months later I found a 4 unit and picked that one up. Now this month I closed on another duplex. I jumped all in and what a year it has been. It’s been smooth at times and this summer I’ve been on a rollercoaster of issues. Lows and highs but I’m loving it. A bit much at times as I work full time and my wife and I have a 3 yr old and a 7 month old. But I have the drive and determination to keep on going! Now it’s getting harder as I’m out of my down payment money and I have people approaching me with more off market deals. Time to keep learning, networking, and pushing foreword.
Aaron Harren
Most Popular Reply
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Originally posted by @Aaron Harren:
Here I am one month away from my first full year of being a real estate investor/landlord! Last year in Sept. I took a leap and bought my first duplex. Then in Feb. I purchased my second duplex. Two months later I found a 4 unit and picked that one up. Now this month I closed on another duplex. I jumped all in and what a year it has been. It’s been smooth at times and this summer I’ve been on a rollercoaster of issues. Lows and highs but I’m loving it. A bit much at times as I work full time and my wife and I have a 3 yr old and a 7 month old. But I have the drive and determination to keep on going! Now it’s getting harder as I’m out of my down payment money and I have people approaching me with more off market deals. Time to keep learning, networking, and pushing foreword.
Aaron Harren
Awesome news keep moving forward and try the BRRRR method in order to get capital back through the refinance. Im am sure you are dealing with some tenant issues like all of us right now. In the meantime, you can join a property owner (landlord) association like I did in order to educate yourself on state laws and procedures. Its also important to have a good landlord/tenant attorney in your back pocket with that many units. My law firm specializes in repping landlords and can straighten anything out "aka" My Muscle