Thursday
Thursday was quite an eventful day. We started Thursday with a mini project that dealt with trying to make a profit off of a fourplex in an assigned city. The assigned cities were Philadelphia, Houston, San Francisco, Pittsburgh, and Portland. Persi, Andreas, and Alex were working on San Francisco, Asher, Luke, and I worked on finding a fourplex in Houston, Sierra and Clark worked on finding one in Pittsburg, Sarah, Sage, and Francesco were working on Philadelphia, and finally, Sutton, Julian, and Catherine were on the job to find a fourplex in Portland. Our goal was to find a fourplex that could get 3 units to cover mortgage, insurance, and taxes. It took all of us a while, but, in the end, we all found a fourplex that we could afford and make some equity on it from the college students renting in it. Afterwards, we all had to report on what our fourplexes’ were located, the down payment, monthly payment, the rents charged for the fourplex, and the average rent in the area. When we presented our fourplexes, they weren’t in the greatest shape because they were in some major cities and we had to get them for a low price. We then had some free time and played our game of Investopedia. After that we then set up and started to watch a movie called “The Ultimate Gift”. It was about a Grandfather who had just recently passed and left his will to his family and friends. The people in the family seem rather snooty. They complained about what they got from the will and what they didn’t. One of the kids was not treated kindly by his grandfather and, to make it up to him, he ‘lead him on trail’ of a series of gifts after he got one after the other leading up to the ultimate gift. The ultimate gift was for him to realize the importance of life. Afterwards, we ended up continuing our game of investopedia and relaxed for the rest of the day.
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