Tyson Cox

I am married and have three children. I invest in real estate and manage our properties full time. My wife currently works outside of the home. Experience: My wife and I purchased our first 4-plex in 2006. This began our REI journey. We have owned several houses and multiplexes over the last 15 years. We currently own a 31 unit complex, an 11 unit building, one 6-plex, eight 4-plexes, two duplexes, and our home. Real Estate Goals: We will own 20 rental units by January 2016 that will have a cash on cash return of at least 20%. (We achieved our 20 unit goal in Oct 2015.) UPDATE: We would like to acquire another 10-15 units within the next 2 years to allow for more full time help with management and maintenance. (We achieved this goal in Sept 2016 by adding 19 more units.) UPDATE: We would like to have all aspects of our rental business on "autopilot" by January 2019. (As of Dec 20, most of our business is on "autopilot". We are continuing to make our systems better. We now have a shop for materials, parts, and tools.) UPDATE: We would like to have over 60 units by the end of 2021. (We achieved this goal in June 2021 by adding 31 more units.) UPDATE: We would like to have over 60 units by the end of 2021. (We exceeded this goal. January 2026: We currently have 88 rental units.) UPDATE: We are spending too much time on daily administrative tasks. We would like to have an administrative assistant hired by Sept 2021 who would be full time by June 2022. (We hired an assistant in October 2021 and have moved her into what we call a Management Coordinator position. She is currently working about 3/4 time getting us close to this goal. We also employ a full time handyman.) UPDATE: We want to have our multi-use office/shop/apartment ready to rent by Sept 2022 with the shop set up and functional (Goal met as office is remodeled and in use and 3bed/2bath is being rented as a STR in summer and mid-term rental in winter.) CURRENT GOAL 1: We are still spending more time on daily administrative tasks than we would like. We would like our Management Coordinator to be doing all daily functions by Spring 2027 to coincide with my wife retiring so we are able to travel more to see our kids. CURRENT GOAL 2: We would like to add 10-30 more rental units to help keep our handyman busy. We currently have times with no get-readys and find it difficult to have enough projects to keep him working 40 hrs/wk (mostly winter). Currently Seeking: - Competent general contractor/handyman that can complete a rehab. - Any rental units in our area that can offer a 10-20% cash on cash return. - Investment partners on the Kenai Peninsula.