Ep 361 - 2022 - The Good Times

DEC 27, 202212 MIN
Freedom Through Passive Income

Ep 361 - 2022 - The Good Times

DEC 27, 202212 MIN

Description

Here we are towards the end of the year, there's not very many episodes left. We thought this would be a great time to go ahead and reflect for everybody, including us. What we saw that was good and tomorrow, we're going to talk about what we saw that was tough here in 2022. And we think that's a healthy thing to do, as you are preparing for a new year to look back and talk about what was good and what wasn't. 

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Today, we are going to talk about the good times of 2022. After years of building our family of companies, we hired our C.E.O., Aaron, in 2022.  Aaron helped to build a culture that has become the foundation of who we are at the end of the year and helped to lay a path for future growth. Aaron also empowered our team and fostered the cross communication that help our staff grow and be more transparent between entities. We closed on three acquisitions in 2022: a 129 unit property in Mississippi, Serena Gordon, which is a 48 unit property in our backyard and Riverwood, which is a 16 unit property in our backyard. We also developed a relationship with a great partner and are about to close a deal in North Carolina that we can't talk about because it's not closed yet. We also closed on two dispositions in 2022:  a 384 unit property which made FCI profitable in its first year of existence, the 8-unit Grimes property and we refinanced the Pine Ridge property. We also started a seventh company, moved to Florida and we are most thankful because we are still here to share with you!

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Invest Smart.  Live Happy

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