Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Real Estate Deal Analysis & Advice
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 3 years ago on . Most recent reply

User Stats

903
Posts
1,126
Votes
Chris Levarek
  • Real Estate Syndicator
  • Phoenix, AZ
1,126
Votes |
903
Posts

26 units in 10 months and 16 more under contract...

Chris Levarek
  • Real Estate Syndicator
  • Phoenix, AZ
Posted

Sharing our success after a highly successful first year from 0 to 26 units closed in under 10 months. 

In early 2018 my brother @Ashton Levarek and I began educating on investing in real estate through podcasts, webinars, books and meetups. Deciding to invest out of state, we selected Raleigh/Durham, North Carolina and built the team of partners to ensure our success, credit in the beginning to the @David Greene book on "Long Distance Real Estate Investing" and @Brandon Turner "The Book on Rental Property Investing". 

Developing our company "Valkere Investment Group", joined by our wives to round out the team and closing our first deal October 2018 we quickly followed up with an additional 9 units and finally closed on a 13 unit deal July 30th 2019. Taking 3 months hiatus to regroup, refocus and re-prioritize our goals, we are currently under contract for a 16 unit apartment complex with 34 more on the horizon to finish out the year.

Thank you to all those who have contributed in one way or another to our success whether our team partners, Bigger Pockets, conference connections, meetup relationships, books, podcasts and more. Looking forward to much more and my hope is this post inspires another investor to get after those goals no matter how big or small!

Most Popular Reply

User Stats

903
Posts
1,126
Votes
Chris Levarek
  • Real Estate Syndicator
  • Phoenix, AZ
1,126
Votes |
903
Posts
Chris Levarek
  • Real Estate Syndicator
  • Phoenix, AZ
Replied

@Jonathan Bombaci Thank you. Long term goals are all around the motivation to have more choices, more opportunity and more life. We work towards numbers we believe will get us there and look to align with others who seek similar goals. Currently, 600 units in three years and/or $50,000 in passive income per month and two months of travel/vacation per year. Time to get after it!

Loading replies...