Purchase price: $80,000 Cash invested: $27,000 Sale price: $129,000 Amazing transformation on this diamond in the rough.

Painting, new floors, and shiny appliances are vital, but where can you truly transform a property into something more valuable?

One investment in a rural area from an auto parts manufacturer or aerospace supplier can be a powerful economic engine that transforms the employment and income levels of area residents.

The physical transformation and I’m not sure we are in to larger buildings etc… but maybe? 

Immediately, the goal was to make the home look less like a well-maintained grandparents' home and more like a lake homeWe resurfaced the brick fireplaces with lake stone veneers, which really transformed the spaceWe repainted everything in neutral / natural tones (beige, greys, light blue, light green)In the ensuing years, we added landscaping beds using rocks from around the propertyBuilt a paver patio, pathway, and firepitAdded a retaining wall landscaping bed to redirect water What was the outcome?

I couldn’t believe how many people asked to go inside and marvel at the transformation of the house.

Intel is a great example, who is building the largest chip manufacturing plant in the US right here, and it will be a $20 billion dollar investment that brings a few new thousand jobs.https://www.dispatch.com/story/business/2022/01/21/intel-ohio-building-computer-chip-factories-licking-county-jersey-township/9173472002/ Another example of economic growth is the upcoming Ohio State University Wexner Medical Center Inpatient Hospital which is a 1.9million square foot hospital that will bring over 800 new beds and a thousand new jobs. https://abc6onyourside.com/news/local/new-osu-hospital-expected-to-transform-health-careHere are a few more recent investments https://www.10tv.com/article/money/business/hydrogen-power-company-hyperion-bringing-700-jobs-to-columbus/530-25907aab-5517-4661-a9f3-d2ed2d5be6b0 https://news.wosu.org/news/2022-02-08/rumpke-to-build-50-million-recycling-facility-in-columbus Check out The Complete Guide to the Columbus, Ohio Real Estate Market which goes through the Columbus, Ohio market in depth and will give you a better scope of where the highest levels of growth are taking place and where to look to invest.  

The house was completely transformed, and sold quickly during the christmas holiday season.

While I firmly believe in crypto and how various layer 1 protocols will transform how businesses operate, and that the 1-5 year price outlook is fantastic, that doesn't mean that in the short term its not soul crushing to see your portfolio balance fluctuate by hundreds of thousands of dollars on a near daily basis. 

Think about an investment plan for the real estate property you want to purchase: you can venture into improvements on the property which means that you’ll buy the property, undertake the necessary upgrades and renovations, transform it into a desirable property for a profit.