Joe Kim

Rental Property Investor

SF Bay Area, CAMember since 2014

About myself

Living the American Dream! Real estate investing is amazing. But I found something so much better. Now financially free! Passive investing is a such a key goal for me now. Real estate is just not passive enough. I plan to sell all of my rentals in the next 1-3 years. Planning to sell at least 2 of my last 3 rentals in 2022. 2013-2021 real estate experience: RIGHT NOW (July/2019) - Sold 2 properties, 1 more to sell before end of summer. Growing my STR/Airbnb business- ON my way to hitting $400,000 in gross rents in 6 properties!! almost double 2018 revenue! Total deals/transactions 30(bought 12, sold 6, 3 debt deal, 1 syndication, 7 Airbnb) 1 primary turn into rental (due to recession 2009) -sold in 2015 Bought: 2 properties in late 2013 3 properties in 2014 1 property in 2015. Bought 3 properties in 2016, Sold 2 properties in 2016, Refinanced 3 properties in 2016 1 private lending debt deal in 2016 Bought 3 properties in 2017 sold 2 properties in 2017 1 syndication in reno, NV 2017 First Airbnb in California 12/2017 Second Airbnb in California 1/2018 Third Airbnb in Indianapolis 4/2018 Fourth Airbnb in Atlanta 6/2018 Fifth Airbnb in Indianapolis 6/2018 Sixth Airbnb in American Canyon 10/2018 Seventh Airbnb in Atlanta 9/2019 Private lending to Investor group 2016 Private lending to Airbnb investor 7/2018 Private lending to Investor doing a BRRR 10/2018 Private lending to Investor doing a BRRR 5/2019 Private lending to investor doing a BRRR 9/2019 Sold my first investment property in 2015 - my only california investment so that I can use the cash for more cash flow friendly areas in the country. Sold 2 traditional SFR in 2019 Sold 2 traditional rentals in 2020! Sold 2 rentals (including one airbnb) in 2021 Total buy hold rentals sold - 9 Goals for 2022-2023 - Learn how to live the financial free life while still working (I love my job) and continue to sell off rest of my rentals. Buy a home for my parents in the SF bay area, and buy a home for my in-laws as well. Once that's done and TSLA is $2000/share + , buy a vacation home (not to make money but for personal use)

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RentalsCommercialOther Strategies
Active over 2 years ago

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