The housing boom is over, but creative investors still make profits
Vicky Kaye is accustomed to making a double-digit annual return in the real estate market. And unlike many other area real estate investors, she’s still doing so.
“I do about two or three deals a year,” said Kaye, a licensed massage therapist who lives in Pompano Beach.
Kaye is a private lender who provides short-term financing for other real estate investors. She’s been investing that way for five years and making 12 to 14 percent interest on each deal, as well as the return of her principal in less than a year.