We have had request for our past investment performance history. The Palace Way Company is new, so I am providing my past investment performance information. I have over the past 38-years invested in a lot of real estate, many single-family homes and some 4-unit buildings. In commercial real estate I have done a land accumulation deal as well as 2-office buildings (value add) projects.
Here are the results of 3 of my commercial real estate deals. All were under a million dollars. These 3-deals were done while I was a CEO of my own company. Now that I can devote full time to real estate investing the investment projects, my team and I are doing are larger.
These results are leveraged returns and the investment return % are based on the amount of cash invested. The percentage returns may seem high to some people, keep in mind I purchased greatly undervalued properties, made them cash flow, and sold them when the market was hot for income properties.
Past performance does not guarantee future results. You should not rely on any past performance as a guarantee of future investment performance. Property values and investment returns will fluctuate.
Jim E. Glasgow
Palace Way Partners, LLC