Gavin Carrigan

Hi All! Hale from Green Bay and am involved with buy and hold real estate investing. Beyond that I Hunt, Fish, Camp, and am generally outdoors with my Dogs, Friends, Fiance, and Family. Experience: I have 2 properties and 4 total doors at this point. I believe that in the future I'll look to BRRR and/or flip in addition to buy and hold. I've begun working part time with a renovating crew after networking with my UPS driver at work. Helped complete a full reno of a 3800 sq ft 1900 built Victorian downtown Gteen Bay. Loved it! Real Estate Goals: Although I feel REI isn't solely about dollars and cents and there are many other facets to it, it is a driving force behind why we do what we do. With that, I'm looking to build a 'passive' residual income through buying and holding rental properties in the greater Northeast Wisconsin area and managing them myself while I continue to work my full time job as a distribution center manager. Goal is that by the time I am set to retire from my W2 job (which is approximately 20-25 years from now) I will have replaced my current income with rental income. Along that ride I hope to help others by supplying quality residency in my rental unit and assist others by sharing the knowledge I've accrued over the years. I aim to leave my family another option besides grinding out 40+ every week. Here we go! Primarily, I'd like to find multi family properties. With all properties I intend to reinvest the profits from each property back into that property for the first two years to improve and force appreciation of the properties. I'm also interested in adding storage units to my investment portfolio and may look to AIRBNB/VRBO some units in time. By the end of: 2017: 1 property acquired and rented and cashflowing minimum 250/month. Continue learning strategies/searching out deals. Research the AirBNB option. Gross Rental Income of 10-15k by end of year in today's dollars.. UPDATE: Closed on 1st MultiFamily October 27th! Have met the CF goals. 2018: 1 additional property acquired, preferably multifamily, but single family if possible, also cashflowing a minimum of $150/month/door. TOTAL gross rental income of 30-40k/year. UPDATE: Closed on 2nd duplex in November of 2018. Small TLC on vacant 3 bd side before listing and inherited tenants on 2 bd side. Meeting Monthly CF goals, potential for 'hidden bedrooms' that would increase rents/cashflow/roi. 2019 - 2021: take it easy, learn, continue renovating, focus on family (my why for doing all of this). 2022: Acquire and operate at least one additional property to bring total to 3 properties. Gross Rental income of 55-65 k in today's dollars by end of year. 2027: Acquire at least 1 additional property to bring total to 4. Gross Rental income of 70-85k by end of year in today's dollars. 2032: Acquire at least 1 additional property to bring total to 5. Gross Rental income of 80-100k in today's dollars. Retire early at 48? (probably at 55 honestly.) To Be Continued..... Currently Seeking: Multi and Single Family family homes and STORAGE UNITS in NE Wisconsin.