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Just got apartment # 5....3 more till retirment
Brag: I'm 22, and just got my 5th apartment complex. I figure that once I buy 3 more of the same size, etc., I can retire from poker, and live in the upper middle class. And once I pay them all off (in 15ish years without poker money, with poker money sooner) I can live in the lower upper class.
Brag: Got a really good deal on this most recent place too. Made about $40,000 just by buying it from a stupid motivated california investor. I love people that have no clue what they're doing, it's nutso how much of a discount they'll give you from a couple items needing fixed up. Beat: Needs a new roof for the "car port" but I do have a good general contractor I trust so shouldn't be that big of a deal. Variance: One of my old "school mates" is renting from me [img]/images/graemlins/laugh.gif[/img] So kind of funny that the "drop out" owns the "graduates" home [img]/images/graemlins/laugh.gif[/img] |
#2
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Re: Just got apartment # 5....3 more till retirment
you bought a complex or an apartments or an apartment?
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#3
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Re: Just got apartment # 5....3 more till retirment
[ QUOTE ]
you bought a complex or an apartments or an apartment? [/ QUOTE ] This is my 5th "apartment complex" Basically I own the building, then people rent each apartment from me. But I own 5 "master buildings" now...I hope that clears it up a little, probably doesn't cause I suck at english. |
#4
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Re: Just got apartment # 5....3 more till retirment
[ QUOTE ]
[ QUOTE ] you bought a complex or an apartments or an apartment? [/ QUOTE ] This is my 5th "apartment complex" Basically I own the building, then people rent each apartment from me. But I own 5 "master buildings" now...I hope that clears it up a little, probably doesn't cause I suck at english. [/ QUOTE ] How many units total over the 5 complexes? Also, do you manage it yourself or pay someone to do that for you? |
#5
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Re: Just got apartment # 5....3 more till retirment
teach me. or at least recommend some good books on commercial real-estate?
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#6
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Re: Just got apartment # 5....3 more till retirment
[ QUOTE ]
teach me. or at least recommend some good books on commercial real-estate? [/ QUOTE ] |
#7
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Re: Just got apartment # 5....3 more till retirment
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teach me. or at least recommend some good books on commercial real-estate? [/ QUOTE ] ditto. My post-graduation plans are to do exactly what you're doing. How'd you get started out? |
#8
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Re: Just got apartment # 5....3 more till retirment
rika what are your starting hand requirements for reality estates?
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#9
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Re: Just got apartment # 5....3 more till retirment
LOL APARTAMENTS
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#10
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Re: Just got apartment # 5....3 more till retirment
[ QUOTE ]
LOL APARTAMENTS [/ QUOTE ] brilliant |
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