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Real Estate Empire Built With...
| | Wednesday, April 21, 2004 @ 09:47 PM EDT
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Contributed by: Dave Hibbert
Dave Hibbert Properties
Read more archived articles about Buying
Abstract: Mark Sanders, CEO of Fifteen Group, talks of the humble, cash-strapped, startup of his real estate empire in 1992 that jumped immediatly into the big deals. Their first purchase was a deal comprising of four complexes, 1520 units for $58 Million. Between 1996 and 1998 they purchased 18,000 rental units. His company, 12 year later, is now comprised of 14,700+ rental units and a full management company with revenues of $100 Million per year.
He talks of his philosophies regarding propery aquision and management, as well as the growing pains, mistakes, and tough times that inevidibly were encountered.
The full text of this article can be read
here at multifamilyexecutive.com
Written by Miriam Lupkin
Multifamilyexecutive.com holds all ownership, rights, and privileges regarding this article.
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