04/10/2026
2022–2026 5Plex RE UPDATE 🏘️ 🏡
It’s been over 4 years since I bought and completed our 3-month renovation on an 5PLEX triplex in Hayward, CA (East Bay Area) 🔨 Definitely the largest and most stressful project I’ve ever done, but it was also a lot of fun 😅.
Lots of mistakes, but amazing lessons learned. The whole property was actually a 5-plex (duplex in front, triplex in back), and I had 2 business partners (2 of my best friends) on the deal.
Since CA barely has any cash flow, the goal is definitely appreciation (true wealth generation) 💰📊, and I always like staying local if possible. Overall, I’m happy we were able to create a cash-flowing property for generational wealth building 🙌.
Monthly Cash Flow: +$3,100, which was more than we were aiming for! 🎉 But overall, going forward, Bay Area appreciation is the real wealth play. No PM fee because we’re managing it ourselves through Zillow Rent Manager (super easy!) + local handyman 💻.
✅ Potential Net Worth Gain (4 years appreciation): +$775K–$830K (split between 3 partners) 💸
🤔 A lot of new grads have asked how this was possible. I was a broke new grad in the saturated Bay Area making $350/day with over $220K+ in student loan debt back in 2015. Through consistent budgeting, aggressive 4yrs student loan pay off, stock/index fund investing, and a LOT of weekend fill-in OD work, I was able to save up for a rental 💯.
This is exactly why I’m so passionate about hosting this OD Financial Summit each year. I know it’s not the typical clinical CE we host, but it is so important. See you, everyone, on Sunday! 🙌
👇 Ready to Build Wealth? Join 2,000+ ODs Pursuing Financial Freedom!
https://tinyurl.com/FinancialODoF
