$156,000 Profit
A couple of years ago, we helped one of our regular investors purchase a foreclosure investment property for $98,000, which we then managed for him and rented for four years at $1,400/month. The market improved this year to the point where we recommended selling the property. We sold the property for him in June of 2014 for $254,000. The profit from that sale will now be invested in the purchase of two more properties, raising his current property inventory to 10. It’s not hard to understand why this person is a “regular investor” of Metro 100 Realty!