Purchase price: $1,150,000 Cash invested: $300,000 Sale price: $1,628,000 Built in 1890, this Old Victorian was converted into a duplex in the 70's by a talented architect who made some unique and extraordinary custom design choices (read vaulted skylights) that made this property truly one of a kind.

I appreciate your data, your consideration of all of the issues, your capacity to be self-reflective and recognize the imperfect choice of the far better plans and proposals, your professionalism with presenting your perspective and your willingness to share your point of view.

- What are some good resources to start strategizing my next couple years to set myself up for being able to invest?

Meanwhile hardly any emphasis is placed on the loan administration and even more importantly the relationship component of lending.Far too many investors, particularly those just starting out, are being conditioned to seek out the “easy” lending choice rather than invest time and energy required to cultivate meaningful relationships with lenders who truly value the borrower/lender relationship and are interested in assisting you grow.

There aren't many choices out as far from town we are. 

I ask because it seems like you have two clear choices - Either finish the rehab and sell potentially at a loss, or hold the property while renting it out so you can hopefully benefit from gradual appreciation and using the rent to help make any principle paydowns on any loans you may have. 

After investing $28,950 in strategic renovations, which enhanced both the interior and curb appeal, the property was sold for $416,000 on 08/13/2024.

I currently own a home in Hawaii, unfortunately my family and I are moving and we want to make the correct choice.

Everyone's form of investing this last decade plus is strategically wrong for the upcoming years.

The area has seen significant growth, making it a popular choice for rental properties.Fishers: Located northeast of the city, Fishers boasts a strong economy and a growing population.