ilmscore | Buying 27 houses for $259 EACH (Crazy Deal)

Buying 27 houses for $259 EACH (Crazy Deal)

Published: 2021-04-13
Status: Available | Analyzed

Predictions from this Video

Total: 7
Correct: 0
Incorrect: 0
Pending: 7
Unrated: 0
Prediction
Topic
Status
The real estate market in central Ohio is experiencing a strong boom.
"our market here in southern ohio or central ohio really our market is absolutely on fire"
Real Estate Market
Pending
Real estate prices are predicted to increase by 30% in one year due to the pandemic and people relocating from major cities.
"with the prices going up 30 percent in one year due to chronovirus and people wanting to move away from the big cities"
Real Estate Market
Pending
Burned-out shells in East Franklinton, Columbus, are selling for $150,000-$250,000 in their current condition.
"this house is just like crazy but i'm seeing burnout shells like this in east franklinton um near east franklinton and columbus sell for 150 250 000 in this shape"
House Value
Pending
A case study shows that saving $5,000, buying a distressed house, and renovating it over 1-2 years can generate $500/month in passive income for life.
"i've talked about on my channel about a guy i know... saved up five thousand dollars bought one of these houses by the way he says about the same kind of condition same kind of issues with this one saved at five grand bought a house fixed it up over the course of year took him three years two years to save one year to fix it up and then for the rest of his life he's had 500 a month coming in and income"
Real Estate Investment Strategy
Pending
A fixed-up house in this area is estimated to be worth $100,000-$125,000.
"this house all fixed up is an easy 125 uh 1 to one twenty-five house"
Real Estate Market
Pending
Investing an additional $15,000-$25,000 into a property, bringing the total out-of-pocket expense to $32,000, can result in a desirable, livable home in a good location.
"and if you put 15 25 000 in it out of pocket expense is going to be 37 or sorry 32 000 and you've got a nice livable house in a decent location"
Real Estate Investment
Pending
A $575,000 investment could potentially triple equity, leading to a $1.5 million deal.
"for 575 if he could triple the equity on it it's a 1.5 million deal"
Real Estate Investment
Pending