Sep 30, 2017
John Bollinger wants to own an empire of apartment units….by
2022…he wants 10,000 units.
He started several years ago buying a duplex. He lived on one-side and rented the other side. He got a little taste of being a landlord. He liked having a small “cash register” or a tenant helping him achieve financial independence. Over the next few years, he bought several duplexes and four-plexes and then put together his own repair crew to rehab his properties. He then bought a 25 unit apartment building in the small town of Dilley, Texas. It was the only apartment building in the small town of Dilley. He liked the real estate investing business and wanted to make a career out of it. He reduced his hours at work and increased his hours into “his multifamily business.”
Today, John owns 174 units. His current portfolio is two assets -110 units in Victoria and 64 units in Kingsville, Texas. He manages his own properties. Listen on how he acquired these assets and what he wants to pursue in the future.
To contact John Bollinger: JBollinger@3CMmultifamily.com
To contact Dave Walls: DWalls@oldcapitallending.com
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Are you interested in learning more about how Multifamily Syndications work? Please visit www.spiadvisory.com to learn about Michael's Real Estate Syndication business with SPI Advisory LLC.