Don't avoid these at the right price but be careful and know what kind of project you are taking on!

Don't avoid these at the right price but be careful and know what kind of project you are taking on!

Cost of project includes 25% of purchase price ($165,000 x .25= $41,250) $24,000 rehab costs and $6,600 in closing cost.  

This is inevitably going to cut into the bottom line, but usuing an experienced project manager for your first project is going to teach you valuable lessons instead of having to learn the hard way. 

Investment Info:

commercial investment investment.

Purchase price: $830,000

Cash invested: $25,000

Sale price: $1,250,000

We purchased this commercial property which was once a Medical Marijuana...

The surrounding area is being developed with a number of large residential projects and is about to see a massive influx of money from the owner of the Jaguars. 

My partner and I were at the project daily doing some handyman work ourselves to save money.

It's a big project that involved moving a 50 foot, exterior brick wall, discovering an extra floor that we didn't know was there, and building a rooftop patio that overlooks the entire neighborhood.

It's a big project that involved moving a 50 foot, exterior brick wall, discovering an extra floor that we didn't know was there, and building a rooftop patio that overlooks the entire neighborhood.

There are plenty of Racine investors in our group but our physical meetups typically take place in Milwaukee unless they are POP UP events at other members projects.