Mike Gazzola--Upstate NY Real Estate Market Is Smoking #62

Morning Money Show

Mike reviews the results of one student's purchase at an upstate NY tax deed sale. His student purchased a 4 unit building for next to nothing, under $40k. Now he's been renovating the property and the returns are nothing short of amazing. Close to 25% cash on cash return when it's eventually fully renovated and rented. This little known auction has been the scene of many of Mike's students getting amazing deals. When it comes to buying deeply discounted properties, this place is king!