So I was sitting around last night and started thinking to myself about everything we've got going on. Since we decided to jump back into SFR's we've been busy. Just 15 days ago, we owned 5 properties. Today, we own 6 (just closed on one last week), next week it will be 7, On or before Dec 15th, we'll have 2 more properties that we have under contract closed. We'll literally go from 5 to 9 properties in ~45 days.
The total value of the 4 properties is $200k. I've been reading real estate books (and other related books) for about 10 years now. I've read in many places that eventually it can just take off and we've been at this for 4 years and we're buying almost as much property in 45 days as it took us 3 years to obtain. It's an exciting place to be. Of course, I don't have any unrealistic expectations that we can buy 4 properties every 45 days or 50 units next year or anything like that, but we haven't purchased a property in 2014 yet since we were technically saving to get into MFR's, so we had more cash than we normally keep in the bank.
Anyway, it's rather exciting (and a little scary) to be embarking on it. More details to come!
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