Property History Success

[Raj Patel]

I'm not sure if this a success story, but I'll still share. 

I was going through the price history on a commercial property my family owns. This is based on deeds in the county clerk land records office. 

Without getting into the specific numbers on sale, or year I'd like to share the property appreciation. This does not include cash flows, but just price sold from one buyer to the next, and current appraisal. We bought it  6 years ago and spent $120,000 on renovations.

I'd like to one day find all the deeds on the property going back to 1857 just to get a more accurate picture. 

43 years: 4,400% gain (annualized 102%/year)

26 years: 144% gain (annualized 5.5%/year)

6 years: 47% gain (annualized 7.8%/year)

Besides Real Estate where else can you see these kind of gains, tax benefits, and leverage?

Keep going everyone, and don't stop. Aim for the moon.