Quote:
Originally Posted by adultinnovation
if you have money to spend then you can buy great properties when the housing market collapses like it did back 2008+
I bought a foreclosed condo during the last collapse than for $28,000.. sold it for $65,000 4 years later.. Foreclosures were everywhere cheap as dirt.
I know a guy who bought a 1500+ sq foot condo for $65,000 and sold it a few years later for $118,000. Real estate is the best industry to make real $ in.. Not porn
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This is what we did... We bought a condo for $50k a few blocks from our house. We rented it out to a friend for a few years, then sold it and made a ton of cash and rolled that into another condo in Hawaii...