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 [...]