Brooke
I meant to type “Late” but mistakenly typed “early”. Other than the one mistyped word I stand by my statement. One of my best friends sold his house in mid November 2003 for $680K and in late January 2004 they could have gotten $850K just two months later. I saw this happen numerous times between Dec 2003 and Feb 2004 as nearly every property in SD spiked up by $100K to $200K.
I dont doubt your friends skills and my comments were no disrespect to them but all the work they did does not come close to adding near $300K in value. The money they invested and their work could have added $100K or so but buying in Late 2003 rather than early 2004 accounted for the vast majority of their gains. The house they bought for $585K in Nov 2003 most likely would have sold as is for the mid 700’s a couple months later.
