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I bought the strip mall that the dance studio moved into in February of 2018. We paid $2,100,000 for the property and we have been able to increase to value to close to $4,000,000. A big increase in that value was because we added new tenants including my office and this dance studio.
The space where the dance studio moved into was a thrift shop and a temporary space for my office while we remodeled my office. It looks completely different now that when it did 18 months ago! We raised the ceilings, added studios, put up walls, and changed the entire layout for them.
Over the last 6 months, another tenant left and the dance studio wanted to expand so we remodeled that space for them as well. We removed the offices and raised the ceiling again. This space is also hard to imagine because it looks so different!
We also took out my golf simulator and may move it to another vacant space we created.
What do you think?
You can see the video of the golf simulator and me throwing stuff through the wall here:
• Throwing Heavy Objects...
Here is a midway video of the office rehab
• New Stucco on the Stri...
Here is the property when I first bought it:
• New Rental Property 68...
Here is my office blue steel real estate:
• Before and After Real ...
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Mark Ferguson’s purpose is to help as many people as he can become financially free through real estate.
Mark has been a real estate investor and real estate agent since 2001, after graduating from the University of Colorado. Mark has flipped close to 200 houses and routinely flips 15 to 25 houses a year. Mark owns 170,000 square feet of rentals and is the managing broker and owner of Blue Steel Real Estate. Mark has also written 9 books that you can find on Amazon amzn.to/2VGI6a9
Mark started InvestFourMore in March of 2013 to discuss his rental property investing techniques. Mark expanded InvestFourMore to talk about his flipping business and real estate agent business. InvestFourMore now has 300,000 views a month and is one of the top real estate blogs.
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