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Meet Josh B.

Denver, Phoenix, Charlotte, Houston
Optimization
Lifestyle

Meet Josh B.

Denver, Phoenix, Charlotte, Houston
13
rentals owned
20+
years
as a landlord

Josh began his real estate journey with a renovated row house in an up-and-coming neighborhood, purchasing it as his primary residence for $83,000. Within two years, its value more than doubled. While many property owners chose to sell, Josh leveraged his newfound equity to become a landlord. He purchased a triplex, and over time, his portfolio expanded across four states, growing to 13 properties.

After over 20 years, the stress of managing multiple properties, dealing with tenants, and handling maintenance became overwhelming, and the experience, though financially successful, no longer felt rewarding.

“My rentals were profitable, but I just felt like I was constantly underneath them.”

In 2021, Josh began divesting his properties through a seller’s agent but found the process frustrating and questioned if his interests were being protected. While selling his final property, he discovered Flock through a mailer and was drawn to the 721 exchange strategy, which offered equity preservation, tax savings, and passive income without property management.

“I thought I either had to stay a landlord, hire a management company, or sell and deal with a big tax hit,” Josh says. “Flock gave me a completely different option.”

Transitioning to Flock gave Josh more time for family and personal interests. He stays engaged with investment updates, watching his equity grow with a hands-off approach. The experience has brought him such satisfaction that Josh now advocates for Flock, encouraging other property investors to consider it as a stress-free exit strategy with continued financial benefits.

“The best way to describe my experience with Flock is ‘peace of mind.’ It allows me to keep my equity, still earn passive income, and not have to do anything for it. It solved my problem.”