I probably have mentioned it before in the past but I love investments and making money. The best investment anyone can make is in real estate. On the west coast were I live the prices have finally gone up over the years. They are still below what Los Angeles or Seattle Washington markets are.
Back in the late 70’s my dad bought a two bedroom home for $27,000. My parents just had my brother and later my grandmother moved in. So this was way to small of a house. They sold it for around $50,000 and used the profit to put down on the new four bedroom three bathroom home. I think they paid $78,000 for it. If they were to remodel it they could probably sell it for $400,000.
My dads cousin made a really good real estate investment. He owned a condo that he bought for $80,000 probably around 1980. He would still have it today but he got in financial trouble and had to sell it. He sold it for $300,000 however today it would be worth at least $500,000.
He does own a home larger then my dads that is worth at least $500,000 if it was remodeled or updated. If you really want to find a good price on property you should check mid state. You can still find great deals in todays markets in places such as real estate in Denver
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