In our last post “Our July 2024 Standings – Adjusting the TMP Series and Repairing the Jaguar” we explained how we adjusted the TMP investment series to account for adding and additional $40K to purchase a home in Laurens, South Carolina.

Here’s where the ten investment opportunities stand as of 31 August 2024:

The investment in SFH, Single Family Homes, has far outperformed the other nine investments. And it has been virtually free of work on our part due to our outstanding Property Manager, Sherman Weekes of Crest Premier Properties in Tempe, AZ.

Here’s the estimates of the values of the four houses from Redfin, Zillow and Realtor:

Note the significantly different valuations among Redfin, Zillow and Realtor for the Crismon Rd house. Zillow has it at almost $380K, while Redfin is down at $320K and Realtor is in the middle at $365K? Moneywise explains it this way in their article “Valuations on Zillow, Redfin, Chase are all over the map, sometimes varying 20% or more — how these tools both help and hinder buyers in an unpredictable housing market”:

“So, why are there so many notable discrepancies between the estimator tools? According to real estate website Home Bay, different pricing models are responsible.

Unfortunately, for buyers and sellers, the precise methodologies of Zillow and Redfin, for example, “are kept under lock, key, and non-disclosure agreements, so no one except for Zillow and Redfin employees understands exactly how they work,” according to Home Bay.”

We have been tracking the value of the ten investments since starting TMP in March of 2019. Now we’ve added $40K so there is a jump in all the investments.

And Michelle’s birthday is coming up in mid September, so we got out in front of it and surprised her with a Mitsubushi Eclipse convertible: