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Updated almost 10 years ago on . Most recent reply

User Stats

29
Posts
6
Votes
Yoann Mamy Randriamihaja
  • Cohoes, NY
6
Votes |
29
Posts

Our very first deal!

Yoann Mamy Randriamihaja
  • Cohoes, NY
Posted

Hi All,

Just wanted to share the good news with the community that helped us greatly.

My wife and I purchased our very first property!

It is a 3 story brick building with 3 residential units and one commercial that should cash flow a bit more than $100 per door when fully rented.

We already have one unit rented and are doing some work on the 3rd one (while living on the 2nd) which gives us the opportunity to vet our contractors.

Already looking toward the next deal, targeting a SF rehab purchased with private money so that we can have it set up in place and start building a track record.

Thanks a lot to the BP community!

We'll try to be more active on the site (and put up a profile picture as well)

Yoann and Lucie

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