The Grand Victorian on Scott Street was asking $7.995 million when it hit the market in April, and changed hands for $9.6 million, a whopping 120% of its asking price, listing records show.Noe Valley, meanwhile, has been the most competitive market in San Francisco this year.

@Dean Dutro800 grand property with 69$ cashflow ?

Would you rather have 5 paid for properties bringing in over 5 grand a month, or 30 properties with mortgages brining in the same amount?

Stain is extra but this includes all the millwork around windows and floors etc. so 2k sq house  4 to 4500 to paint interior   same for exterior thats body of house trim and seperate door color Another 4 to 4500 for grand total of 9k.. for a 2k sq ft new build in Portland market.

The ones that really are making some kind of money, like the stupid "cash me" one are just capitalizing on the grand stupidity of the consumer public.

NOT a grand father with five kids, five step kids, 25 grand kids and 75 step grand kids. 

This required some extensive work, time, and costs, however, it really added a tremendous amount of value to the property.We are on target for end of April MLS listing thus far.Here are the numbers I am looking at to this point:Acquisition, including land parcels: $1,120,000Rehab: $600,000All-In: $1,720,000 (49% All-in Deal which is a walk-off 3-2 count grand slam in game 7 of the World Series!)

Above you is your parents, grand parents etc...

It was jointly owned by my mother and grandmother. since my grand mother past away It is now owned buy my mother and me, but legally my mother has the whole thing in her name.

Their grand dad bought a whopping tract of land back in the 20s and they have become bazillionaires from that land.