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Updated about 4 years ago on . Most recent reply

User Stats

74
Posts
88
Votes
Charles Clark
Agent
Property Manager
Pro Member
  • Real Estate Broker
  • Milwaukee, WI
88
Votes |
74
Posts

Walked AWAY from corporate job after 1 year of investing

Charles Clark
Agent
Property Manager
Pro Member
  • Real Estate Broker
  • Milwaukee, WI
Posted

Last year, I created my first deal and purchased a four unit. My fiance and I house hacked a duplex, where the tenant pays the majority of our mortgage. And during this difficult time we were able to use an unique strategy to acquire an eight unit cash flowing 3x the debt service. Each of these properties were found on the local MLS, and two of the deals the properties were under contract and the deal fell through.

I am so pumped that I stayed true to my goals and analyzed properties everyday. It allowed me to be ready to jump on a deal when it one presented itself. Now, I am able to look over deals everyday and manage a portfolio of units. Yes, I am still working, but now I am completely working for myself. And, that feels good. This post is not to brag, but to share and maybe inspire the next person. A lot of stories on here have kept me going, so I wanted to pass it along. 

Obrigado (Thank you),

Charles Anthony
 

business profile image
Raise the Standard RE LLC
business profile image
Raise the Standard Management LLC

Most Popular Reply

User Stats

20
Posts
7
Votes
Bilal Williams
Pro Member
7
Votes |
20
Posts
Bilal Williams
Pro Member
Replied

Congratulations Charles, what an accomplishment! I have the dream of one day being able to get out of the rat race as well. However, I will say this year has been a productive one as I have now purchased my second property bringing my portfolio to a duplex and a SFR. No home runs! but definitely solid base hits that moved me from the analysis paralysis stage. My deals were also from the MLS through a broker. I am excited and looking forward to building my portfolio. Best of luck to you!

Bilal

  • Bilal Williams
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