Skip to content
Two investors reviewing resources on a laptop

Get industry-leading resources — for free

Unlock resources for every investing strategy and stage with a free account.

By continuing, you agree to BiggerPockets LLC's Terms of Use and Privacy Policy

Followed Discussions Followed Categories Followed People Followed Locations
Real Estate Deal Analysis & Advice
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

User Stats

791
Posts
1,670
Votes
Austin Fruechting
  • Investor
  • Kansas City, MO
1,670
Votes |
791
Posts

32-Unit Portfolio Deal Closed... 141 Units Total in 7 years!

Austin Fruechting
  • Investor
  • Kansas City, MO
Posted

Today I just closed on another 32 units across 8 properties. 

Details of the portfolio deal here: https://www.biggerpockets.com/forums/311/topics/440161-offer-submitted-on-32-unit-portfolio

I'm celebrating this evening with a limited edition cigar from 2010 and a delicious rare bourbon to match. 

June 2010 was when I bought my first investment property. 

This brings me to a total of 141 rental units across 58 properties. Not bad for 7 years!!

My story of reaching financial freedom here: https://www.biggerpockets.com/forums/48/topics/429980-officially-financially-free-at-32----exciting-day

Most Popular Reply

User Stats

265
Posts
234
Votes
Steve K.
  • Denver, CO
234
Votes |
265
Posts
Steve K.
  • Denver, CO
Replied

@Austin Fruechting

I think Austin's success story here:  

...should be required reading for new BP members :)

I just reread Rich/Poor Dad on vacation last week.....when Robert says he achieved retirement at age 47, I honestly thought of you, Austin, and how you did more by age 32.....

Congrats! That new transaction brings you $240,000 cash in the bank (after refi; zero of your cash in the properties after BRRRR method) and $5k/month cash flow.....a real BRRRR "hall of fame" success story.

(I thought you had retired)??!?!?!

Loading replies...