Real Estate Empire Built With...
Date: Wednesday, April 21, 2004 @ 09:47 PM EDT
Topic: 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.
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Written by Miriam Lupkin
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