Now that September 2020 is completed, TMP is still comfortably in second place in “The Financial League”.
TheMonopolyProject (TMP) showed a $1,003 jump due to increases in home valuations in the Phoenix area.
Even though we’re up 26 thousand dollars in a little more than a year, we’re staying levelheaded.
We don’t think we are ‘geniuses. We are just executing the strategy we laid out at the beginning:
And if we had fully invested the $100,000, we would be at $165,000; up 65% in a year! Beating even GOLD.
No, we are not geniuses. Slow and steady, wins the race. As we said in our very first blog post:
But first the three guaranteed paths to get rich:
TheMonopolyProject (TMP) formula for TOTAL EQUITY is:
TOTAL EQUITY of TMP = ‘Bank Account’ + ‘1 SHF – estimated equity’ = $126,484.
How did we get to the ‘REO Owned Estimate of Equity’ of $67,731 for the month of September?
We used the arithmetic average of three websites (Redfin, Zillow, Realtor.com) that estimate home values.
Our own TMP realtor/broker Jeff Sutherlin, or ‘Just Jeff’, reports on the September market in his monthly report. Amazingly, over 35% of sales closed OVER list price in September:
You can see more ‘Just Jeff’ content at www.justjeffaz.com or www.jeffsutherlin.exprealty.com or https://www.youtube.com/channel/UCXa3M6RxV0n4j5mqXiJcRNg/videos