2013 started with a new 7-plex
Our goal for 2012 was to increase cash flows and add cash flows. Happily, we did that. We now own and self-manage 100 lovely houses and apartments.
We closed on a great 7-plex at the end of October. Over the following 3 weeks we installed a new parking lot, a new roof, new landscaping, and gave notices to all the smokers. Bye-bye.
Tomorrow, the first gorgeous, fully renovated, 3BR townhome goes on the market. I expect to be able to increase the rent on that first unit by $300/mo. over the former rents. That’s my sick and twisted definition of fun.
So in 2013 I want to really “put a dent in the universe.” (Steve Jobs)
We have a tried and true formula at this point, and I’m going to spill the beans this year on what we do and how we do it. Stay tuned!
In 2013 we plan on adding and beautifying more units, adding cash flows, doing some writing, and taking some time off.
I better get back to work 🙂
This is a great retirement gig!
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