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re: What % of your investment assets = hard assets (ex, Real Estate)
Posted on 8/11/13 at 3:04 pm to Fat Bastard
Posted on 8/11/13 at 3:04 pm to Fat Bastard
I'll try to break it all out later but my last deal wasn't near the homerun. Still better than the market though...
Bought a townhouse for 45k
Put 10k down
3k in new floors, interior and exterior paint.
Current value is 65k
It rents for $600 a month with my monthly at $300.
Bought a townhouse for 45k
Put 10k down
3k in new floors, interior and exterior paint.
Current value is 65k
It rents for $600 a month with my monthly at $300.
This post was edited on 8/11/13 at 3:05 pm
Posted on 8/11/13 at 4:48 pm to I Love Bama
quote:
I'll try to break it all out later but my last deal wasn't near the homerun. Still better than the market though...
Bought a townhouse for 45k
Put 10k down
3k in new floors, interior and exterior paint.
Current value is 65k
It rents for $600 a month with my monthly at $300.
nothing wrong with that. I want to say based on what i put down, right now, last two properties combined as an example, my average return annually based on PCF is around 33 or 34%. Like you stated, the market cannot touch that.
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