Fern & Ray
REI Portfolio Value: $10,445,000
Rental Units/Doors: 20
“When I first joined Keyspire, my real estate net worth was $73,000. Since then our company has purchased 2 more deals on our own and 17 properties with Joint Ventures. Our share of our current real estate net worth/equity is $1,137,000!!!”
Investing Strategies Used
- Flip to Yourself
- Conventional Financing
- Buy & Hold
- Student Rentals
- Private Lending
- Buy, Reno, Rent, Refinance
- REIT
- Land Development
How Keyspire impacted Fern’s lifestyle and how he increased his net worth:
“In one word – FREEDOM! Leaving my job in Sept 2020, gave me the freedom of my time to control my schedule. In April 2021, I hired an assistant to help with the day-to-day tenant maintenance requests and tenant pre-qualification. Because of this, I was able to take the summer “off” – working 20hrs/week when the kids were with their mother instead of 40-60. When the kids were with me, we were on holidays all summer.
When I first joined Keyspire, my real estate net worth was $73,000. Since then our company has purchased 2 more deals on our own and 17 properties with Joint Ventures. Our share of our current real estate net worth/equity is $1,137,000!!! I just calculated that for the first time!!! I knew it went up but didn’t realize by how much! Between cash flow and property management our income has increased to $8100/month”
Where Fern was prior to joining Keyspire:
“I had just gotten out of a broken marriage. I had the realization that my financial situation, or lack thereof, was behind me, losing the matrimonial home-my dream waterfront home so something needed to change. I joined Keyspire in March 2018 and quit my job in September 2020”
Fern talks about the biggest benefit to joining Keyspire:
“Keyspire opened my eyes to Joint Ventures which I had never heard of before. I had previous experience in real estate investing and was looking to get back into it by starting a property management company. When I learned about Joint Ventures during the Roadshow, I knew instantly this was the model I was looking for. My goals went from buying 1 or 2 properties over the next 10 years to 20. Turns out I reached that new goal in 3 years.”
Fern continues to grow and expand his real estate portfolio into a growing empire, all while enjoying the financial freedom his real estate investments have earned him!
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