ilmscore | Bidding on a Real Estate Auction

Bidding on a Real Estate Auction

Published: 2024-12-28
Status: Analyzed

Predictions from this Video

Total: 5
Correct: 0
Incorrect: 0
Pending: 5
Prediction
Topic
Status
The property is predicted to yield a 20% return on investment once it is stabilized.
"once you get this place running right you'll be making 20% of your money"
Real Estate Profitability
Pending
The property's monthly profit is predicted to not exceed $10,000.
"I don't think the place is going to bring in more than 10 grand a month profit"
Real Estate Profitability
Pending
The property is expected to generate an annual profit of approximately $200,000 in the future.
"down the road we should make a couple hundred grand a year off of it"
Real Estate Profitability
Pending
The property, if purchased for $2.4 million, is predicted to be sold for $3.6 million.
"the only reason I said 24 is cuz I think we can sell it for 36"
Real Estate Value
Pending
The property, after a total investment of $2.4 million ($2.3M purchase + $100k renovation), is predicted to double in value to $4.8 million within approximately one year.
"I believe there has a strong possibility in about a year to be worth double"
Real Estate Value
Pending