Thread: Money Investing megathread extravaganza
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Old 05-28-2020, 09:25 PM   #5042
Hog's Gone Fishin Hog's Gone Fishin is offline
Fish are scared of me
 
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Join Date: Nov 2001
Casino cash: $1790477
Quote:
Originally Posted by jdubya View Post
Ive always been intrigued by this strategy but havent the balls yet to pull the trigger on this type of deal. Seems like a win win scenario though. I do have a good deal of money in real estate but it is a bit hands off very similar to a REIT type of deal with RK Properties and have done very well. I have always wanted to go next level and do what you have done though. Congrats to your success.
The tenant was thrilled to close on the property. It actually appraised for $169K so he has a ton of immediate equity. It's a win win and everybody walked away happy.
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