Cash invested: $500,000 Sale price: $1,049,995 Contributors: Jess Haas Remodeled, condoized & sold the existing Victorian duplex to breka even while making a large profit on construction a new DADU / SFH w/ rooftop deck in the backyard.

Cash invested: $500,000 Sale price: $1,049,995 Contributors: Jess Haas Remodeled, condoized & sold the existing Victorian duplex to breakeven while making a large profit on construction a new DADU / SFH w/ rooftop deck in the backyard.

please advise me if it’s profitable if I buy a house there as a second home. if it’s not advisable , what would suggest me to do and how where can I invest my money ? 

Purchase price: $700,000 Cash invested: $100,000 Sale price: $849,995 Contributors: Jess Haas Remodeled, condoized & sold the existing Victorian duplex to breka even while making a large profit on construction a new DADU / SFH w/ rooftop deck in the backyard.

I also have several deeds that have not redeemed and the profit I would make from selling those would more than pay for the cost to win those liens (premium bid amounts).  

Do not, under any circumstance, count on appreciation to make up for smaller than expected potential profit.

That said, I think the reason many building departments are so stringent with investors is the illusion that most are looking to cut corners for the sake of profit.

Wife does not EARN enough income (working for a non profit group) to be able to afford large loan payments.

I have read many DST PPM's and have come to conclusion the Sponsors are the only one that can reliably profit from these investment tools, whereas the investors can only trust their due diligence identified enough red-flags.

136k in profit over 2 years Lessons learned?