The Real Estate Investor Web Series ~ Episode 1
From the Genius Types archive. Originally published March 29, 2010.
I’m excited to introduce a new project that I have been working on called “The Real Estate Investor Web Series.” It is an internet based reality show that follows my business partner, Shauwn Digman, and I as we acquire rental real estate. Shauwn and I have been working hard over the last six months to set up a company to acquire single-family investment property in San Antonio.
Since we launched the business at the beginning of the year, things have really been taking off! We got 7 contracts on houses in March, 3 of which we closed. Out of those 3, we kept 2 as rental properties and sold the contract of the 3rd to another investor.
The first episode of the web series follows us on Saint Patrick’s Day, the day we closed on the 1st house in our partnership: Glendora. This deal adds about $20k to our balance sheet, $300 a month in cashflow, and required no money out of our pocket.
Let me know what you think and what you would like to see in future episodes!
