Quote:
Originally Posted by jags
hi there
it is maths we learnt in school in 7th standard. well profit= selling price-original price.so if yr 1m property doubles yr profit is 2m-1m=1m.100% profit. but yr investment is only 500k.so when u sell yr property for 2m u get 1m plus yr original investment 500k.so return on yr investment is 200%.yr 500k is turned in to 1500k.
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Thanks Jags....the power of leveraging eh?! One final thing, would the buyer of my property pay me 1.5m up front?