How I Turned A Small Real Estate Investment Into 6 Figures

Small Real Estate Investment
How I Turned A Small Real Estate Investment Into Six Figures

To The Victor Belong The Small Real Estate Investment Spoils! #realestate #realestateinvestment #investment #ruralmoney #rural #money

Someone shared inside information about making a small Real Estate investment in the Atlanta housing boom that made me 6 figures in 5 years.

Disclaimer: I am an Amazon Associate and Influencer; therefore, this post may contain affiliate links for me to earn a commission. RuralMoney.com is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to Amazon.com. Shop with me for less >>>here.

Not only was I inspired by Daniel Lerner and David Lerner Associates to invest my money wisely, but who could pass up on this opportunity?

I learned how Atlanta’s poorest neighborhoods would benefit from gentrification.

Gentrification means the process of renewal and rebuilding, accompanying the influx of middle-class or affluent people into deteriorating areas, that often displaces poorer residents.

I Feared No Evil Looking For A Small Real Estate Investment

I know a good deal when I hear one, so I immediately started looking for one of those raggedy, run down houses to capitalize on the opportunity.

During that time, I had a successful career in Civil Service.

But, picture me driving a big, black, Ford monster pick-up truck through a drug-infested community looking for a Real Estate deal!

I decided to cruise around a particular neighborhood and zip code to check out the small Real Estate investment housing tip, since I was already living in the historic community part of that zip code.

To my surprise and delight, I discovered that houses were selling for $3,000-$8,000, and I was determined to get one.

That neighborhood was one of the worst “hoods” in Atlanta, Georgia, but I was not discouraged.

As I started driving through that neighborhood on a regular basis, I caught the attention of all the local drug dealers.

They noticed that I was driving slowly and looking around, so they were curious about what I was looking for.

I started hearing them call out “Five O”!

It did not take me long to figure out what it meant (Hawaii Five-O).

A few of the drug dealers approached me to find out was I the “po-lice”.

I told them that I was not and looking for a house to buy.

They did not believe me, but they did not bother me either.

I am certain that I looked suspicious in my professional attire and driving a monster truck.

Well, long story short, a few years later, after suffering a disability, losing everything I had, becoming homeless (literally), and starting over from scratch, I bought a house in the same “hood”, for $15,000.

Prices were going up fast.

When I bought it, I did not have a dime but, I had another good job in International Banking.

The owner allowed me to float two checks for the down payment.

In addition, he owner-financed the house until I got an interest-only loan two years later.

By that time, the housing boom was in full affect.

However, other Real Estate investors did not appear to know about my best-kept secret neighborhood.

People in the neighborhood laughed and scoffed when I put my house up for sale because of it’s condition.

Even my first Realtor called it a “POS” (piece of shit)!

They knew it was once a “crack house”.

You’re fired!

The neighbors laughed harder when the new agent put up a HARRY NORMAN REALTOR sign.

What they didn’t know was, Harry Norman Realtors called me; and they SOLD my raggedy and run-down house for me!


Over a period of five years, I fixed up my house the best I could with donated home repair, blood, sweat equity, and tears but; it still needed a lot more work when I sold it.

My Small Real Estate Investment Problems

My house did not have a nice kitchen with granite counter tops and stainless steel appliances, or a nice spacious bathroom.

The single bathroom had a rusting claw foot tub on a make shift platform; and when I washed clothes, the water drained out in the backyard.

It was still a ramshackle house when the Atlanta Journal Constitution published an article about it, and its proud banking professional owner.

It was so close to the house next door, the neighbor could hand me his cellphone.

There were four feet between our homes and two were mine.

What my house had going for it was location, location, location.

It was on zero land, but a corner lot, in a very HOT ZIP CODE.

There were so many drug dealers that when I went to work, they hung out on my porch (according to neighbors).

Nothing Ventured Nothing Gained

After five years, my still dilapidated, historic house Circa 1898 was valued at over $175,000 “AS-IS.”

I sold it at the top of the housing boom, rinsed and repeated.

Those drug dealers and scoffers would have been better off pooling their money to buy one of those shacks as a small Real Estate investment.

It would have been a much better deal!

The lesson to be learned from this story is: If I tell you that the USDA-RD Direct Loan is the best mortgage you never heard of, you can believe it is a good deal!

If You Like This Post Read: The Number 1 Hack To Get Rich In Real Estate

>>> HUD Dollar Homes For Low To Moderate Income Families

Read All Of My Archives About HUD Homes and USDA-RURAL DEVELOPMENT Homes