How I built a portfolio of 35 rentals and $10k+ monthly cash flow

361 Replies

Thanks Anton about letting me know about the tax assessor website for various counties.  Perhaps I wasn't too clear about my original question.  How did you get your list for your direct mail campaign?

From the original post: "Decided to do a direct mail campaign to a very select group of multi-family property owners (about 90 total)."

@Dan Albrecht

I drove around the city and the areas I liked and identified several developments of multi-family buildings. I then put together a list of their addresses from Google Maps. So basically it was a manual process.

I wrote a detailed post on Reddit about exactly how I ran this - pm me and I'll send you a link.

DANG. That is very encouraging, awesome to hear stories like this.

Thank you so much for this post of inspiration and essentially a template for those who are beginning their journey. This is absolutely phenomenal and I want to wish you all the best. 

Best Regards,

Fola

Finally got through all seven pages - very inspiring! You mentioned something about your extensive list of questions you use for vetting property managers, mind sharing that list of questions? Thanks! 

Originally posted by @Anton Ivanov :

@Gerard J.

Sure, I'll send you a PM.

 Thank you!

What an inspiring ,informational recount. It is much appreciated.

I have invested in SFH but I think you have nudged me closer to the MF. After all, the more the merrier and time is money, so I guess I should get on with it. Best wishes

@Courtney Jones

I don't necessarily think MF are better than SFR in terms of returns, but it does help you scale a little faster and make management more efficient if you have a goal to own 50+ units.

Congrats. Keep it up

Loved this post and thread.  Just soaking in the info.

@Anton Ivanov

This is a great and inspiring story. Congratulations and keep the flag going.

I also invest in KCMO but this year has been extremely disappointing so far....

Thanks for sharing.

@Anton Ivanov Again - great information and thanks for sharing.  I would love to have your list of PM questions if possible.  Thanks.  

@Ndy Onyido

There are few good deals in KC on the MLS from what I've seen. You'll have to source off-market properties.

@Tina Huffman

Sure, I'll send you a pm.

Definitely an inspiring story. Outstanding job shipmate.

@Anton Ivanov Would you mind sending me a PM as well with your list of questions you use for vetting property managers please sir? Thanks in advance. KJ

@Anton Ivanov Thanks for sharing Anton. Would also love to get recommendations for PMs

What a successful story. Congrats. It is really ROI and cash flow that counts. Suggest you look at high income and high income neighborhoods.


@Anton Ivanov thanks for sharing your story!  As a newbie just starting out, it's tremendously motivating and inspiring.

Would you mind sharing with me...

1) Your questionnaire for PM's? and

2) A link to your Reddit post?  I searched Reddit and couldn't find it...

Your course on turnkey rentals also looks like a great value!  I'll be signing up for it and working my way through the modules.

This was really good to hear and read about. Inspiring!

I'm also located in North County, San Diego and just closed on our first multi-family 6plex complex in Michigan and plan on growing our rental properties to maintain a 10K or more passive income. Could you possibly send me the list of questions you use for vetting property managers, as you sent to Kendrick? We do have a Property Management company for the 6plex, but we also plan on spreading out into Indiana and Georgia and a list of questions would be great.

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