I bought a business where the prior owner had it in an S-Corp, the S-Corp and he was sued personally for three million.

I'm making up numbers, but if he bought the house for $200K and it is now worth $500K, he's made $300K. 

I bought an outdated condo, planning to do a cosmetic rehab later when I had more budget.I moved out of the condo in mid-2024 for a job, and by September, my tenant noticed mice droppings.

I know this is a delayed response, but I recently bought a property in Grandview.

Bought a house that sat vacant for a while and renovated it over the course of a couple years.

and if they were bought in all cash, they should be cash flowing pretty well... are they?!

Hey Colin, it’s fantastic to see someone your age diving right into the real estate world.. reminds me of when a buddy of mine bought his first duplex in Omaha.

As you know, I sold 3/4 of my portfolio (thousands of units) right before the market tanked in 2022 and I haven't bought anything in over 3 years. 

I only bought props pre foreclosure with significant equity. 

We arranged closing during a slower period of time & had him leave everything (furniture, inventory, guides, etc.) literally bought it & could start taking booking the same day.