All Forum Posts by: Suresh Kannan

Hello @Alicia Marks, Great post and very affirming to see everyone's goals for 2022. Got started in RE in 2021 got 5 doors. Eventual goal is to reach 10K passive income in 2 yrs(2023). Targeting to acquire at least 25 units with 200/door in cashflow in 2022.

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Originally posted by @Allen Wu:

@Suresh Kanna

Congrats! Great story! Do you have a team out in Dallas/Fort Worth?

Thanks @Allen Wu, have a good realtor, he helped me with the property management etc., but haven't done any major rehab work.

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Originally posted by @Jesse Rodriguez:

@Suresh Kannan Gotcha. Thank you for the honest answer. It’s good to see what you’ve accomplished in a short matter of time

Thanks brother Jesse. Best wishes on your Goals!!

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Originally posted by @Jesse Rodriguez:

@Suresh Kannan That's inspirational! How were you able to get the fund these in short time? Was there any trouble with DTI ratio with banks, if that's what you used?

@Jesse - It was not easy, few things I want to share is, Me and my wife both work in the Software Industry so we have a decent income and we saved for each deal, had to make adjustments, sold some assets we had, got some loan from my 401 k so had to sacrifice some things to get this done.

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Originally posted by @Erick Sembrano:

@Suresh Kannan I like your goal! Keep at it and good luck! : )

My goal for 2022 is to buy a house hack property early in the year, a 6+ MF property in Central Mass mid-year, and a STR by the end of the year. Although will keep an eye out if we come across a partnership opportunity to own a part of a bigger MF portfolio.

Thats a Great Target you are going after Erick, I am pretty sure you are going to crush it. Wish you all success and a Fantastic New Year 2022!!

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Originally posted by @Saurin Pandya:

@Suresh Kannan that’s amazing! Congratulations and more success to you.

Thank you Saurin.

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Originally posted by @Account Closed:

First Property in 1/31/2021 - Fort Worth, Texas .Yr Built - 2013. Self Managing this Property.

Purchased for : $285000.00(List Price: $260,000.00)

Rented: $1950.00

Cash flow: $400.00

Can I ask you how this possibly cash flows, unless you paid cash and have no mortgage

David, I do have a mortgage. I put down 35%.

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All Forum Posts by: Suresh Kannan

Suresh Kannan has started 12 posts and replied 73 times.

Post: Real estate syndication literature or training

Post: Real estate syndication literature or training

Post: Real estate syndication literature or training

Post: QOTW: What systems or steps are you planning for 2022?

Post: Zero to 5 Units in 2021 - (2 SFR, 1 - Triplex & Syndications)

Post: Zero to 5 Units in 2021 - (2 SFR, 1 - Triplex & Syndications)

Post: Zero to 5 Units in 2021 - (2 SFR, 1 - Triplex & Syndications)

Post: Zero to 5 Units in 2021 - (2 SFR, 1 - Triplex & Syndications)

Post: Zero to 5 Units in 2021 - (2 SFR, 1 - Triplex & Syndications)

Post: Zero to 5 Units in 2021 - (2 SFR, 1 - Triplex & Syndications)