Invested: $3,477,422 million
Year: 2012.
This was the first project for the Las Vegas Investment Club. We purchased 51 condos on the edge of Summerlin in Las Vegas, Nevada. The project was fully managed by Senior Club Members. We generated cash flow for the time frame of the project from net income paid quarterly and then sold the portfolio in 2015. The gain for the time frame of the project exceeded 60% ROI.
