Purchase price: $180,000 Sale price: $216,000 Contributors: Peter Vekselman Partner Driven and Rodney Lomax purchased the property on Raven Cliff Rd, Graysville, TN, for $180,000 on 9/24/2024.

Hi Stephen,Sorry for your troubles but it seems like the provider came through in the end which is nice to see.And promising to cover rent for the delays caused shows character also.Being a turnkey provider myself since 2014, I can attest to that unfortunately many things sometimes aren't in our control.Especially when it comes to the citiy, contractors and pulling permits, etc...Our traditional promise is that the property will take 90 days to rehab and tenant.Have we gone over 90 days?

All to say behaviors are belief driven.

There seems to be a strong desire to embrace and maintain the ethnic/cultural character of this neighborhood and precluding predicted gentrification in the area with the development of the MetroHealth complex. 

Yup BP is cash flow driven ..

No penalty to let project die slow death and collect salary, travel and advertising money from it.This is data, everyone should make their own data driven decision based on it.

A cycle is something that is driven by a mechanism and has a repeating cause and effect that brings you back to where you started on a predictable pattern.2008 was a unique set of circumstances and I hope everyone can rattle them off by now. 1929 was also unique but VERY different than 2008. 

My journey in real estate began several years ago, driven by a passion for helping individuals find their dream homes and making sound investment decisions.I specialize in residential properties, focusing on both buying and selling, as well as identifying lucrative investment opportunities.

Appreciation here is likely driven by demand for established areas and school districts, which likely isn't the <$250k stuff.If finding cheaper stuff was my priority I'd probably look out of state.

I am only a few weeks into my journey so your original post really hits home and to see what someone who is really driven to accomplish a goal can get done in 9 months is inspiring.