Closing on 1M

A year and a half ago, if you would have told me that I'd be close to a million dollar portfolio I would have called you crazy.

Now, a year after getting started, I'm one property away from crossing the 1M assets under management mark. Now, while this is something I'm proud of, many in my network have millions in assets so I still have a long way to go to get to their level, but nonetheless I'm excited about the trajectory.

 
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Timeline

  • 2 years ago: started researching real estate and began networking

  • 1 year ago: bought first duplex (full rehab)

  • 9 months ago: bought single family home (as is, cash flows nicely)

  • 6 months ago: bought single family home (full rehab)

  • 5 months ago: bought single family home (full rehab)

  • 2 months ago: bought triplex (full rehab)

8 doors under management, $900k in value. Next year, I plan on taking that to the next level with my goal of financial freedom as my driving factor. It all started by taking that first step. Getting the first one done is the hardest, but once you get that under your belt, it is easy to grow from there. I encourage you, if you are interested in getting into real estate, to just get started. If you still feel a bit lost, feel free to schedule a call with me and I can help get you going in the right direction.

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Five New Things: 12/13/2019

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The Ups and Down of A Real Estate Business