Wednesday, February 21, 2018

Where are we now?

So all the updates of interest are posted now and I figure it's time to update overall where we stand.  In 2010, we started out on this venture with 0 properties.  We bought our first SFR in 2010, our second in 2012, 3 in 2013, and then more from there.

Currently, our property portfolio looks like this:
-- 8 SFRs
-- 4 MFRs
     -- 3-unit
     -- 5-unit
     -- 12-unit
     -- 14-unit

This brings us up to 42 total units.  Our goal for 2018 (since we basically bought 29 units since Dec 2016), is to add one more 10+ unit in 2018.  We have some focus on getting all our properties set up to cash flow as much as possible before we look for more.  We should have that plan completed by Summer.  After that (unless something awesome falls into our lap before then), we plan to aggressively look for MFR #5 and close on it sometime in the later part of 2018.

That pretty much sums it up for now.  Stay tuned for more updates as they occur!

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