68 min listen
He Bought a House for $5,000
ratings:
Length:
25 minutes
Released:
Nov 1, 2023
Format:
Podcast episode
Description
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.
If you enjoyed this episode, please share it with a friend!
Join the Community
We’d love to hear your comments and questions about this week’s episode. Here are some of the best ways to stay in touch and get involved in The FI Show community!
Grab the Ultimate FI Spreadsheet
Join our Facebook Group
Leave us a voicemail
Send an email to contact [at] TheFIshow [dot] com
If you like what you hear, please subscribe and leave a rating/review!
>> You can do that by clicking here <<
Learn More About Your Hosts
CodyDBerman.com (Cody’s Blog)
Saving-Sherpa (Justin’s blog)
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.
If you enjoyed this episode, please share it with a friend!
Join the Community
We’d love to hear your comments and questions about this week’s episode. Here are some of the best ways to stay in touch and get involved in The FI Show community!
Grab the Ultimate FI Spreadsheet
Join our Facebook Group
Leave us a voicemail
Send an email to contact [at] TheFIshow [dot] com
If you like what you hear, please subscribe and leave a rating/review!
>> You can do that by clicking here <<
Learn More About Your Hosts
CodyDBerman.com (Cody’s Blog)
Saving-Sherpa (Justin’s blog)
Released:
Nov 1, 2023
Format:
Podcast episode
Titles in the series (100)
010 | Overcoming Adversity | Jillian @ Montana Money Adventures: In today's episode, Cody and TJ interview Jillian from Montana Money Adventures. Join them as they dive into Jillian's financial backstory and learn how she overcame substantial adversity. Now, Jillian spends her time blogging, life/money coaching, by The Financial Independence Show