Outperforming in South Georgia!!!

[Mike Terry]

I bought three duplexes in south Georgia in November 2020.  They have been solid cash flow plays as was the projection for them.  I didn't think they would appreciate much.  A identical building on the same street just sold for 300k.  Now I don't know if their were significant seller concessions or not that may impact value as a comp, but unadjusted these properties will have doubled in value in under 5 years.  Now there have been challenges in my portfolio and with these properties, including two hurricances and 6 insurance claims ( still unsettled), but the upside and surprise growth is a great example of what investing in real estate can do. The total return is off the chart! You have to take action and be invested to get surprises to the upside.  How do I find more like these?

[Mike Terry]

@jules Aton I have no real expectations on values beyond that I suspect they will keep up with or slightly out pace inflation. Rents and values are still below national averages and the local economy is supported by a large state university, an Air Force base that is growing in population and significance and a regional hospital. I’ll be holding!