How Actual-Property Retailers Get the Best possible Houses—for Themselves


While Michael Rankin went space-searching in Washington’s Georgetown community, his 25-yr profession in the actual-property industry gave him an part. He purchased a indifferent, 1903 house with off-side road parking and a big outdoor—all arduous to seek out in that space—for $five million.

Some other $2 million went towards renovating the 7,000-sq.-foot house, which went easily as a result of he and his husband, Mark Inexperienced, had already restored and bought different ancient houses and have been versed in Georgetown’s maintenance necessities.

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