Quote:
Originally Posted by Biggd
So finally got notification that the house on my street just passed at $1,084300 a year after it was purchased for $720,000.
I know for a fact the the people that sold it made no improvements in the year that they owned it and it was rented pretty consistently on FRBO at $300 a night. Quite a profitable investment! 
Of course I'm thrilled as it won't be a rental any longer.  |
How do you know it won't be a rental anymore?
$300/night doesn't seem like much for a $1MM vacation property.