Bid & Lost Similar home in 2000 -LP=399k,Bid=450k, Winner=475k
Only a double in 17 years. Less than 5% a year.
With a 5:1 leverage, it becomes 500% return, not bad
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Bid & Lost Similar home in 2000 -LP=399k,Bid=450k, Winner=475k
Only a double in 17 years. Less than 5% a year.
With a 5:1 leverage, it becomes 500% return, not bad