Having begun my real estate investing career two years ago, I have acquired/transacted on over a million dollars of real estate. I have successfully flipped 5 properties and now own 2 residential properties in which I rent by the rooms. By doing this, I gross a little over 40k a year. Although some eyes may consider me as not having the most experience, I like to tell a part of my story that signifies my long-term intentions, passion, and motivation to grow my real estate portfolio. After purchasing my first ever rental property, which was a standard 3 bedroom 2 bath house (now 4 bedrooms), my goal was always to rent each rooms out. I would sleep in one bedroom and rent out the others. Within a month of doing this, I realized that although I would cover my mortgage and expenses and live “for free”, I was not cash flowing. There was a mud room area within the property where the washer and dyers were. With just enough space to put a small twin bed, I decided to sleep in my mudroom. I slept in these conditions for a year. By doing so and now renting out all three of my rooms, I was able to cash flow, save up money, and buy my second property. I am now transitioning into multifamily and applying the same grit, grind, and hustle to more quickly grow my portfolio.
Investors Gallery Podcast
Podcast Host Pressley M. Hambrick IV
Dimensional Capital Partners
Principle/Cofounder
Passive Investing Vehicles
Developments
Multifamily Acquisitions
Dimensional 24 $100M REI Fund
The Syndicate Program - Multifamily Coaching Course
www.DimensionalCapital.us
Pressley@DimensionalCapital.us
Sign up for the Live event here:
https://us02web.zoom.us/webinar/register/WN_VRNGJU2PQM-R2vPHpckAQA