since 2009, each year I try to write a short summery, so here is for 2014.
2014, no doubt its my best performance year so far, as I personally hold a portfolio of 164 rental units, mixed of SFH/Duplex/4plex/apts, hitted 1 million in rent collected for the first time. Second half of the year, local rental market so strong we can't hold any vacant units longer than 2 weeks, rents up avg 10% for the year.
And thanks to strong local employment, local RE market appreciated appx 5-6% on avg, where lower end appreciated more and high end (250k and above) appreciated less.
income (realized income from all sources, including free cash flows, principle payments, business investments, management fees) -- appx $900k
appreciations (unrealized, 5% of 9.7mil portfolio) -- appx $450k
looking forward to 2015, stay focus and continue to expand with varies partners and partnerships, my goal is clear and simple, 3000 units in long term.