I joined Multifamily Strategy in Q3 of 2022. Prior to year's end I purchased my first 14 units with 2 other partners, owner financed. In Dec of 2024 I bought a single family and empty lot, intending to flip. When the sell didn't go through, I pivoted to turn it into a rental and easily cash flowed. In January, I went full time self employed. I run my own engineering company and real estate. In March I bought a 6 plex. As of yesterday, I closed on a 5 plex with no money out of pocket. Currently buying a 38 unit Motel to convert into efficiency units. I've got another 25 unit apartment complex the owner is ready to sell to me, but I'm running out of capacity and liquid cash. Lessons Learned 1) Real Estate has easy concepts, but it's hard work. "Passive Income" is more like front-loading all the work. One day it may be fairly passive, but it takes a bunch of work to get there. 2) Take time to review. We know the why must be strong, but sometimes the day to day can obfuscate the why. I always appreciated the intentionality in this mentorship to choose a strong enough why. Mine is to own my time so that I can spend more time with family/friends/church. But what good is my time if I burn all the friendships as I try to pursue this goal? Going out on my own gave me a large chunk of my time back to me so that I can ensure I'm meeting the needs of those around me. 3)Double everything! Everything takes more money and time than what's expected. Bring more reserves than you think are needed so that you don't have to sweat as much when things don't go right. I'm in OKC, if you are close by, I'd love to grab a coffee.

I get emails from CREdaily. While it is not bad...im wondering if there is anything better? Where do you get your commercial real estate or multifamily specific news from?

Danni and I have officially finished and launched Functional Flipping! We have a few new expansions that will be released in part 2 but this is about 70 additional videos that are now available. 2 new major sections are inbound and on the way. This can be found in the Classroom section in the MFS Community page. If you are already part of the mentorship program this is immediately available to you! P.S. If you are not part of the mentorship group yet, I have additional good news! The getting started/Feeling Stuck course is free for all community members and is updated and live. I have also added a recomended reading list that has long been requested and is now available within the Classroom section.

Hey MFS! 👋 I’m in the middle of the hiring process for one of my other businesses and wanted to share the opportunity here. This role isn’t directly focused on doing real estate deals, but you will be gaining valuable exposure to real estate along the way. It’s a fully remote position with a base salary plus commission structure. I’m looking for someone who’s hungry, motivated, and eager to build both their career alongside their portfolio If that sounds like you, drop a comment below and I’ll reach out with more details.