Update on 6plex for sale.
Will go on market in a week. Gross rents $4000/month. Price $550,000. Area is Whittier, near Eat Street, and just East of Uptown (Minneapolis).
Runs like a top. Rents have not been increased in years.
Flipping Rich
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What is Flipping Rich
Flipping: a term used primarily in the United States to describe practice of buying an asset and quickly reselling (or "flipping") it for profit. Though flipping can apply to any asset, the term is most often applied to real estate and initial public offerings.
Rich: of great worth or quality; "a rich collection of content, connections, and business"
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If only I was in Minneapolis….although it is 2007, so with that technology stuff, it probably isn’t necessary.