Skip to content
Real Estate Deal Analysis & Advice

User Stats

364
Posts
288
Votes
William Collins
Pro Member
  • Investor
  • Rocky Hill, CT
288
Votes |
364
Posts

Full Time W2/ BRRR side hustle to Financial Independence Update

William Collins
Pro Member
  • Investor
  • Rocky Hill, CT
Posted Sep 29 2020, 09:43

Here is an update to an old post I had about my drive to Financial Independence through real estate. My cousin and I began the journey about 5 years ago, while working a W2 job (me) and a business (him). The goal was to BRRRR everything, but we have a lot of equity tied up in the portfolio which we are in the process of refinancing out. All of our properties are Connecticut based, our average property is a gut rehab do our cap ex and repairs are quite low. We are using property management.

Estimated cash flow minimum per partner3858.5
TownNumber of UnitsRent roll Estimated Value
New Britain32650245000
Manchester22500230000
New Britain22600210000
New Britain22450210000
Manchester22250210000
Manchester22650245000
Manchester22750245000
Berlin33950365000
Bristol22300210000
Bristol44745275000
Berlin22550240000
Bristol67190420000
32385853105000

Loading replies...