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Updated about 1 year ago on . Most recent reply

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John McKee#5 Commercial Real Estate Investing Contributor
  • Investor
  • Fairfax, VA
780
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1,164
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Looking back on 2024

John McKee#5 Commercial Real Estate Investing Contributor
  • Investor
  • Fairfax, VA
Posted

What are your successes, failures, and aha moments?  What are your goals for 2025?

Most Popular Reply

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John Morgan
  • Rental Property Investor
  • Grand Prairie, TX
2,864
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2,371
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John Morgan
  • Rental Property Investor
  • Grand Prairie, TX
Replied

@John McKee

Successes: Bought 5 cheap SFR out of state in Arkansas that cash flow decent.

Failures: Had a house that burned down this month that wasn’t insured as high as I should have. I’ll lose $ when it’s all said and done. Luckily everyone got out alive.

Aha moment: That owning 29 buy n hold SFR is enough. I've hit my financial goal and can quit buying houses.

2025 goal: pay off my last two 401k loans I used to buy a couple houses and enjoy a second home we just bought for ourselves in November. Time to ride off into the sunset and spend all this mailbox money on ourselves vs buying more and more rentals! It’s been a fun 9 year journey investing in RE with no regrets!

  • John Morgan
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