Source: The Weekly —
When I first learned about the promise of real estate back in 2016, I invested in my first property: a four-bedroom house in Tacoma’s Hilltop neighborhood.
My brother and I purchased the fixer-upper for $138,000 with a loan of 3.5%. Altogether, we only put down $8,000 (including closing costs), and that small investment ended up being one of my most profitable to date.
Today, the house is valued to be worth more than $500,000. Within six years, our investment has brought us a return of over 42x our money or 4500%, all thanks to the thriving real estate market.