ilmscore | 13 Rental Units with a “Rinse and Repeat” Investing Method

13 Rental Units with a “Rinse and Repeat” Investing Method

Published: 2025-03-24
Status: Analyzed

Predictions from this Video

Total: 6
Correct: 0
Incorrect: 0
Pending: 6
Prediction
Topic
Status
Mike's Chicago real estate portfolio is projected to have the potential for millions of dollars in appreciation within the next 2-3 years.
"the potential for millions in appreciation over the next couple of years"
Real Estate Appreciation (Chicago Portfolio)
Pending
Mike anticipates pausing new real estate acquisitions for approximately one year due to his current debt-to-income ratio limits.
"my DTI is pretty capped out right now so I may I may need to cool it for for a year or so"
Real Estate Investment Strategy
Pending
Mike is considering a live-in flip strategy: buy a condo in Chicago, live and rehab it for 2-5 years, then sell it within five years for tax advantages.
"I think I may do like the Liv and flip strategy where I buy like a condo kind of BU the lake in Chicago and then you know I live there two to five years do a rehab and then you can sell that within five and not pay taxes on it"
Real Estate Investment Strategy (Live-in Flip)
Pending
Mike plans to move into a smaller rental unit, rent out his current large unit, and potentially acquire a 5+ unit multifamily property to scale up his investments.
"I'll probably like move into a smaller unit rent this out and then I could maybe get into like a 5 plus multif family and kind of start maybe scaling up a little bit do doing some larger deals"
Real Estate Investment Strategy (Scaling Up)
Pending
Mike Johnson plans to buy a condo by the lake in Chicago, live there for 2-5 years while renovating it, and then sell it within 5 years to avoid capital gains taxes.
"one of two things I think I may do like the Liv and flip strategy where I buy like a condo kind of BU the lake in Chicago and then you know I live there two to five years do a rehab and then you can sell that within five and not pay taxes on it"
Real Estate Investment Strategy
Pending
Mike Johnson plans to move from his current unit into a smaller one, rent out his current 3-bed 2-bath unit, and then pursue investments in 5+ unit multi-family properties to scale his portfolio with larger deals.
"I'll probably like move into a smaller unit rent this out and then I could maybe get into like a 5 plus multif family and kind of start maybe scaling up a little bit do doing some larger deals"
Real Estate Portfolio Expansion
Pending