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.
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