Real Estate Broker · Indianapolis, IN · Member since 2014 · 3k+ posts · 2k+ votes
Go big or go home right? A contact off of our DM campaign brought us a package deal that was almost buy one get one free on a turnkey property. We paid 46k for two homes. Rental income will be right at 700.00 a month cashflow after counting for expenses. We've got showing set up for this weekend. Time to screen some tenants! Man it feels good to be a "landlord".
Congrats. I remember when I closed on my first property. It wasn't too long ago. it's a good feeling. Now we're searching for our 10th property. Every single purchase has felt as good as the first. Keep it up!
I'd love to hear specifics about your acquisition process and success on this deal. How long did your process take to start filling in some solid leads? I'm looking for property but I'm not systematically working "outside the box" to find great deals. I have no DM campaigns at the moment and I'm starting to feel I need a more direct and long term acquisition strategy. Any info helps!
Thanks for all of the support guys! @Roy N. I've got multiple properties that I'm working on from a family trust currently.... which if it goes according to plan will be very lucrative.
These leads came off of our first drop to that individual. We also had a wholesale deal we closed earlier this year.