Real estate prices are out of control… right?
In today’s episode, you’ll hear how Justin bought a house for just $5,000.
No, that’s not a typo, $5K!
The craziest thing is that the place is in decent condition:
- Single level
- Concrete foundation
- Simplest roof possible
- No interior water damage
This house is a big project, but Justin estimates he can finish everything for under $25,000.
After running the numbers, this property should blow the 1% rule out of the water.
Justin is expecting to rent from anywhere between $700-$850 depending on how nice he ends up making it and how it’s rented.
We’ll definitely be sharing updates about this one-of-a-kind property in future podcasts.
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Learn More About Your Hosts
CodyDBerman.com (Cody’s Blog)
Saving-Sherpa (Justin’s blog)