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Updated about 6 years ago,
- Rental Property Investor | Realtor
- Jacksonville FL | Savannah Ga |Raleigh NC
- 161
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- 467
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Mary Bailey in It's A Wonderful Life is my greatest RE mentor
George Bailey's wife buys a haunted-looking fixer-upper house that’s been sitting vacant for "20 years"in upstate NY... It needs about $125k of full rehab work in todays dollars... I think she gets the place for pennies on the dollar...
She house-hacks it with her family, and slowly fixes it up herself ..by the end of the movie it looks really good and it has an Arv retail value of $320k in todays local market.....
https://www.trulia.com/p/ny/seneca-falls/320-sycam...
Her husbands saving and loan is lending on new construction retail, and she is buying wholesale fixer uppers..
Also she is really effective on calling on her network and raising private capital, and they become the richest family in town!..
I learn and see alot from this movie each time I see it...
and if I watch it alone, I still tear up a little...
I recommend all millennials watch this movie and study it for action steps..
🏡 🔔