Keith Kaufman

Investor

Spring Branch, TXMember since 2017

About myself

Retired from the Navy and then again from Government Service. Have four single family home rentals and looking to start investing in multi-family. Experience: I purchased my first rental property in 2001. The experience was very good and I sold the property two years later with a 350% total ROI. My second rental property was purchased in 2007, unfortunately the market crashed shortly afterward and although I had a positive cash flow on the property, I couldn't wait to get out from under it since I was doing the property management and repairs myself. Made money on the sale, but more importantly I learned what I don't want to do. Since then I purchased 3 more rental properties and house hacked my fourth (two houses on one five acre property). I have a property manager that takes care of all the headaches I used to have at only $100 per property. Besy money I ever spent. I have a little more money to invest and am interested in the BRRRR strategy. Real Estate Goals: I would like a cash-flow from properties that will supplement my pensions without watching my net worth depreciate. I like rental properties more than the idea of an annuity. Currently Seeking: Although I have had some success buying and renting properties, I would like a mentor to help me become more proficient.

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RentalsFlippingCommercial
Active over 6 years ago

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