Updated almost 7 years ago on . Most recent reply
Student Rentals - Hold my beer
Investment Info:
Large multi-family (5+ units) buy & hold investment in Flint.
Purchase price: $55,000
Cash invested: $5,000
As my first experience in purchasing rental properties, getting this grouping of 4 was quite daunting (see other posts). But through some clever marketing and ensuring that the house itself is always in good repair we have been able to turn our investment into over $7k a month in rental income. Going from $0 to $7,000 per month in less than a year has been a tremendous journey and I can't wait to see how high I can take this.
Next stop...... $10,000 per month!
Most Popular Reply
Congrats to you @Adam Cole! My background is student housing so if you have any questions, feel free to ask.