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<blockquote data-quote="Up In Smoke" data-source="post: 4568057" data-attributes="member: 79702"><p>My wife and I have a few real estate investments and I'm a numbers guy, so let's break this down. If you collect 2m per month in rent, assuming $1000.00 per month per unit, that equals 2000 rental units. For easy math lets assume 1000 square feet per unit. That brings us to 2 million square feet of real estate. Assuming these are well maintained buildings, $200 per square is reasonable, so that bring the real estate value to $400,000,000.00. An investment in a 10k acre hemp farm, assuming it's a established farm, will yield 50k per acre in revenue. Cost of revenue for such farming is roughly 60%, leaving 20k per acre for profit, or $200,000,000.00. Billionaires routinely post on BC.</p></blockquote><p></p>
[QUOTE="Up In Smoke, post: 4568057, member: 79702"] My wife and I have a few real estate investments and I'm a numbers guy, so let's break this down. If you collect 2m per month in rent, assuming $1000.00 per month per unit, that equals 2000 rental units. For easy math lets assume 1000 square feet per unit. That brings us to 2 million square feet of real estate. Assuming these are well maintained buildings, $200 per square is reasonable, so that bring the real estate value to $400,000,000.00. An investment in a 10k acre hemp farm, assuming it's a established farm, will yield 50k per acre in revenue. Cost of revenue for such farming is roughly 60%, leaving 20k per acre for profit, or $200,000,000.00. Billionaires routinely post on BC. [/QUOTE]
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