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Updated over 9 years ago on . Most recent reply

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Melissa N.
  • Rental Property Investor
  • Charlotte, NC
88
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293
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Closing on our first 12-unit

Melissa N.
  • Rental Property Investor
  • Charlotte, NC
Posted

It has been a long year of searching, making mistakes, learning, and more learning. But we are closing on our first 12-unit building on December 12th. Rents are between $80-100 below market so we should be able to force appreciation after doing some work and pushing rents up. 

Could not have done this without BP and everyone that answered my constant flow of questions. Persistence is the key to success. Cheers! 

Most Popular Reply

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Brian Adams
  • Syndicator of Large Apartment Buildings
  • Glen Mills, PA
1,631
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Brian Adams
  • Syndicator of Large Apartment Buildings
  • Glen Mills, PA
Replied

@Melissa N., that is freakin' awesome - Great job.

I buy 100 to 400 unit deals, and once you have this 12 unit under your belt, keep pushing forward to get into larger deals as they are actually easier to take down once you know the steps.

Very proud of you!!

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