Creative Real Estate – Turning An Old Truck Into A Couple Assets
First off, it’s been a minute. Well, a lot more than that really. We’ll be posting a lot more often in 2018 and beyond. Now to the meat of the post. Turning a doo dad (Thanks, Kiyosaki) into an asset. In 2014 I had purchased a used Ford F350 truck. It was a work horse and performed admirably. I bought it for cash so there was no note. Purchase was $8500. The reason for the purchase was to have a heavy duty truck to haul materials for my flipping company, which at the time was doing a decent volume in rehabs, etc. Fast forward about a year or so and the need for the truck no longer existed. First Property Management was growing by leaps and bounds and the [...]