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Dennis Treacy

Real Estate Investor
Philadelphia , Pennsylvania


Username: dennis3456

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In my own words...

I have done a short sales, land trusts, land lording, wholesaling, and rehab and flips.
Currently own/control a duplex, 3 triplexes, and 4 houses. I also own a HVAC contracting business.

Real Estate Experience

I did it the hard, kind of the wrong way, the way every body tells you not to, but mostly because they also did it this way. Lucky for me I made my mistakes in an increasing market, I made money even though I made every sort of mistake. This market will not be so forgiving.

I survived to talk about it, now I am doing things the right way.
Some advice to the newbie, don't start out doing it the wrong way. Don't try to re-invent the wheel.
Do not buy any courses from real estate guru's if they show you pictures of mansions, piles of $100 bills, or drive a Lamborghini, most made their money selling courses.

Real Estate Goals

To quick flip a million dollar short sale.

Currently Seeking

2,3, and 4 multi units, they must be distressed in condition or ownership.

Presently I do not care about appreciation, only cash flow. I have found that any viable rental property, if correctly managed will appreciate, especially if it was bought right.


Awards

Reputable


About Me

Gender: Male
Status: Part-Time Investor
Website:
Investing focus: Buy & Hold (Landlord)
Real estate deals: 12 Complete / 1 Active

Statistics

Began investing: January 2005
Member since: July 29, 2009
Last active: 3 days ago
Profile views: 282
Forum posts: 53 posts
Influence: 508

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Colleagues (11)

Aston-vanquish-ultimate_colleague_thumb Tyler H.
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Img00056_colleague_thumb Bill J.
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_ide_of_head_colleague_thumb Ryan J.
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No_avatar_colleague_thumb James M.
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Images_2__colleague_thumb Sean S.
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References (1)

No_avatar_colleague_thumb James M. "very good"

Comments (1)

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At 08:54PM on August 22, 2009 - Joshua Dorkin said..

I love the quote in your forum signature, Dennis! "The best deal I did, was the one I didn't do." Fantastic!