Ralph Kirby Realtor®

250-734-1712

Long Term Gains in Real Estate

Reading an article about the Queen Victoria  Hotel in Victoria that was sold last year for $19.25 million.

It was built in 1965 for $650,000.

Sure there has been investment added in the interm.

But that is how to make money in real estate.

Buy a good location; earn a cashflow and give it time.

I see this over and over.  People who give their real estate time; make money.