Buying and Selling a 32 Unit Apartment Building For 3X Returns and Lessons Learned
Manage episode 351408612 series 3425853
In this episode, Rich talks about his experience buying a 32 unit apartment building in Indiana, his value-add strategy, repositioning the property, and the business plan. He describes forcing the equity & appreciation, then exiting and selling the property 2 years later for three times what it was purchased for. Rich shares a lot of useful information in this episode, including his experience 1031 exchanging out of that deal into more real estate.
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