January 2021 Financial Recap

January 2021 Financial Recap

If you'd like to view our full revenue and cashflow projections for 2021, you can find them here.

January was our first cashflow positive month!

We closed on our first property in this real estate journey in March 2020. Up until now, we've been running at a loss, mainly because we have been buying more properties and renovating many of the units. We are still renovating a lot of the units right now, but even with all those empty, we are still cashflow positive, which is exciting.

Revenue: $7,454

Cashflow*: $614

* After all operating expenses, debt service, payments to partners, etc. This does not factor in capex from renovations.

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