Wanted to share a lesson learned from the last deal I closed on, a 200 unit, in Dallas. That puts my company at over $100,000,000 assets under management (1,438 units).Before I do, if you want to check out the lessons...
We all reach a point of complacency. We tell ourselves that we’ve done enough, it’s too hard to go further, or we don’t have enough experience, money, or time to accomplish the goals that seem impossible. Brandon Turn...
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Multi-unit property - 2 units
What made you interested in investing in this type of deal?
Higher return on investment
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Today is a great day! I finally got my money back from a BP member after over 2 years. We had met on BP in 2015 as he attended my meetup group and over the years he was very involved with the community here in Chica...
Just finalized the sale of a 3 bed, 1 bath flip in Ann Arbor, MI with my wife. House was a hair under 1000 sq ft. It was the least profitable deal we've done by a decent margin but it was probably my favorite because ...
1) Don't put 20% down. Especially if you are just starting out and don't have tons of cash and therefore won't be able to move on your next deal if you do put 20% down. Lenders love that 20%, but it just isn't necessa...
Investment Info:
Small multi-family (2-4 units) fix & flip investment.
Purchase price: $615,000
A bread and butter 2/1 1600 sq ft duplex.
Side 1 is recently updated with appliances, LVP, and led li...
Investment Info:
Large multi-family (5+ units) commercial investment investment.
Purchase price: $650,000
Cash invested: $350,000
Sale price: $880,000
We purchased this 13 unit apartment complex ...
Investment Info:
Large multi-family (5+ units) commercial investment investment.
Purchase price: $650,000
Cash invested: $350,000
Sale price: $880,000
We purchased this 13 unit apartment complex ...
Investment Info:
Condo fix & flip investment.
Purchase price: $680,000
Cash invested: $184,000
Sale price: $1,325,000
At the time of this purchase, we were closing on a previous fix and flip ...