We already planned to teach our son to think out of the box because the current educational systems aren't going to prepare his generation for anything.

I lived in Palo Alto for years. and even back in the late 80's we were paying 500 to 700k for tear downs.. would build new home for maybe 300k and sell at 1.2 .. now the market is double that.. 1.5 for a tear down spend 500k building house and sell for 2.5 thats what you have here.

A one bedroom condo of the same size around 44K in Estrato 4 in Cartagena.Example:  Apartamento en Venta - Cartagena Alto Bosque https://www.fincaraiz.com.co/a...Each year, you pay “impuesto predial” property tax which ranges from 5,5 to 11.3 for every thousand of the “avalúo catastral” which is considerably less than “avalúo comercial” commercial appraisal.

It’s a late start in real estate BUT better late than never.I found out about real estate investing through Rich Dad, Poor Dad and then my son sent me an article on the Business Insider website about Dana Bull (Podcast 187) and how she started and that lead me to her podcast, and Bigger Pockets!

Can you share the #'s on the triplex?

Originally posted by @Son Tran:Originally posted by @Caisen Sullivan:Welcome to Houston!

The fact that it is a family business and they want it to be a business passed down from father, to son, to grandkids, etc gives me faith that they want things done right and for the long term success of both Memphis Invest and their investors. 

He's been in the house for 10 years, his son was born there, etc, etc.

First off those of you that sent @Matthew Turner the Florida P&S contract, it is for use by Florida "REALTOR"s only.  

I live in Smithfield, have a son at ODU and a student rental at another college in Hampton Roads area and we are currently finishing up our first flip.