Riverside Flip
This project is almost completed and we are excited to share some details. We acquired this property for $774,000, and although the After Repair Value (ARV) became quite expensive at $190,000, we plan to sell it for a notable price of $1.3 million. At the end of this endeavor, there was about $336,000 left on the table, which is not too bad, right? If you are looking for true financial freedom, investing in real estate is the only viable path to consider. Avoid putting your money into the stock or cryptocurrency markets, as the yields are minimal, and eventually, you will face taxation on those investments anyway. Instead, aim to secure at least $500,000; consider refinancing your home, making sure it has plenty of equity. Once you do this, you will be well-prepared to jump into real estate investing like we did, paving the way to ensure that you will never find yourself in a position of financial desperation again.