All Forum Posts by: Julie Kern

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Such an inspiring post Dean!  Your hustle and positive mindset are a great example to us all.@Terry Burger @Eli Rose @Amy Pedersen @Parker Stiles  Can't wait to see where the next steps in your journey take you!

Are you still having this?  Obviously can't be in person - are you planning to convert to Zoom, etc.?

@Felson Taveras I'm so glad! And this was actually my first deal, so I hope that encourages you :)

@Scott P. Thank you!!

@Latisha McAny Aww, thank you. :) All the best to you in your REI journey!

@Deanna O. Good question! And I could have gone that route.  Honestly, the use of the loss vs. a 1031 made things simpler (at least in my mind), as the purchase of the apartments has been a roller coaster ride with a ton of moving parts (I'll be posting more about that in another post). It just eliminated one more thing to coordinate and worry about.  But that's a very good point.

@Eric Mayer Thanks so much! And I certainly will be shooting for higher cash flow... the goal is to refi after 2 years and get all of the capital invested back.  If I can do that and cash flow $2K/mo, I'll be a happy gal.  But there is definitely a possibility it could be more per month; I just like to use conservative #'s :)

@Tina Pauley Thank you! That's awesome, sounds like you guys are doing great!

@Terry N. One thing I can tell you, when I bought that first property in late 2014, I never imagined it turning out as well as it did, or eventually using it to move in to multi family investing. I just knew the area well and based on my knowledge at that time (all of which came from BP forums and podcasts), I was *pretty sure* it was a solid deal. But I was an amateur too - that first purchase was scary!! Taking that first step was absolutely key in what ended up being a full time REI career for me.

@Steven Tittle  Thank you for the kind words, and I'm glad you found some inspiration in this and the previous posts.  I included the link from that early post to demonstrate what a difference 5 years can make if you just keep moving forward and taking the next step!

@George Pauley Great points! That’s exactly the point where we are now with our rental properties. If we have vacancies this year, I’ll be taking a hard look at holding vs selling with the appreciation we’ve experienced in our market.