WIIRE 235: Inside Amelia's New 11-Unit Apartment Deal: Numbers, Strategy & Profit Plan
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This week, we pull back the curtain on Amelia’s newest acquisition: an 11-unit apartment building in a B+ suburb of Des Moines. This candid conversation is packed with insights for female real estate investors who want to scale beyond single-family rentals without taking on 100-unit syndications.
You’ll hear how Amelia:
- Spotted this off-market CBRE pocket listing and knew instantly it was a killer deal
- Analyzed the numbers, negotiated the price from $750K to $735K, and structured a 50/50 partnership with her mom
- Plans to boost returns by converting select units to mid-term rentals (MTRs) for traveling nurses
- Uses local market expertise, not endless spreadsheets, to move fast and confidently
- Projects over $200K in debt paydown, $160K in appreciation, and $308K in cash flow over 10 years
We also dive into:
- Why sticking to one market can be your biggest competitive edge
- How to balance risk, reserves, and anxiety as you level up
- What “total return” really means for your net worth and lifestyle design
If you’re a woman ready to grow from a few doors to a scalable portfolio, this episode shows you exactly how one thoughtful 11-unit deal can be life-changing.
Resources:
- Book your spot at WIIRE Summer Camp before it fills up
- Simplify how you manage your rentals with TurboTenant
- Make sure your name is on the list to secure your spot in The WIIRE Community
- Leave us a review on Apple Podcasts
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- Join our private Facebook Community
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