Bought a property for less than a new car and sold it for $80k with seller financing...projected to enjoy 30% ROI YoY with net profit beginning in 42nd month Lessons learned?

An auction or an estate sale might bring in buyers interested in its potential or historical value.Market it As-Is: Listing the property on the open market as-is might attract DIY enthusiasts or investors looking for a project.

No CAPX projects.

My guess is he has seen sellers harmed in a big way in low value low credit markets he works in so for sure could have a negative bias.And this goes for Sellers to right now many are getting approached since you have armys of folks making offers this way ( I get them monthly and can tell they are sub to training disciples based on the offers they make) unsophisticated seller who does not engage a very good RE attorney to help with these is taking a massive risk

Hey Peter, thanks for the comment and the insight and you are absolutely correct about knowing what sells in your market, I see this happen with a lot of fix and flip projects that are just in the wrong areas, the investor gets the house for a good price however spends too much on repairs and adds a lot of luxury thinking that it will push the ARV significantly higher than the average in the area.

Ongoing construction projects valued between $26 billion and $30 billion fuel employment opportunities.

Plan my next day 6 most important tasks - I've been on top of this, but still a challenge to get them all crossed offPlus, most importantly, we have 4 projects here in Chicago we are working to bedone before the end of the year so we can start some new projects off on the right foot!

The projected cash flow for the next 20 years is $2 million, while the appreciation is projected to be $6 million.

Have you had larger Cap Ex projects that you didn't anticipate?

Purchase price: $600,000 Cash invested: $30,000 Sale price: $799,000 This was a very light rehab project