Rode it though some funky seller issues whereby it changed hands between 2 different owners while I had it in escrow (fun!).

Rode it though some funky seller issues whereby it changed hands between 2 different owners while I had it in escrow (fun!).

I don't know how long I am supposed to make this introduction, or how much of my story to tell, but I can give you all a quick idea of my situation and plans.I moved back to the Valley about 9 months ago for a fresh start.

what fun! 

I think biking is an amazing way to go as well and I've enjoyed it as what I call my fun workout!

I have loved real estate ever since I was a kid, and we used to walk properties being built for fun when I was growing up.

.- It needed a community face lift and re-brand (was called windmill apartments....yuck.)We came in and strategically worked our business plan:- We upgraded the exterior including fresh paint, signage, and landscaping.- We removed delinquent tenants and changed the community standards around to provide a safe and clean place of living.- We've upgraded 75% of the units with fresh flooring, paint, cabinets, countertops, and appliances as needed.When we took over the property the 16 units were producing around $9000/month in gross rent.I just checked our rent roll today, and we just crossed $17,000 in gross income monthly!

Whether you're a seasoned real estate veteran or fresh in the industry, your insights can help us all grow.Let's use this space to collaborate and inspire each other.

Crabby Old Man having a bit of fun

It is more fun to post about getting "18 doors in 12 months" vs posting about  "losing money every month because the vacancy and expenses were alot higher than what a random realtor or PM told me, oh and I can't sell the property to break even because I apparently overpaid for the property".