One of Bill's Recent Winning Deals
The following documents show that Bill paid $45,000 for this probate property in Hiram, Maine in September 2015 which he is renting out at $1050/month, and what the town assessed it at (over $131,000). As you can see, the difference between the purchase price and the market value is just over $100,000 (NOTE: Hiram assesses at 90% of value, which assumes a market value of roughly $146,000). This makes for a VERY profitable rental (or flip, if he had chosen that avenue). While this may not be a typical result, it is not all that unusual, either, and shows what is possible.