“I bought it for $8,000... I put in $4,000 worth of work and then I rented it out for $600 a month.”
JS
Jaspreet Singh
Afford Anything | Get Smarter With Money ·
“I bought the house for $80,000… monthly payment was $528… house needed about $20,000 in work… renting the house out for $1,200 a month… sold it recently for like $220,000.”
John Crutchfield · BiggerPockets Real Estate Podcast · You Don’t Need Dozens of Rentals to Reach Financial Freedom (He Tried It)
Play from 5:54
5:54
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What was described
Bought a $80,000 three-bedroom house with owner-finance at $528/month, paid $20,000 in rehab (mostly sweat equity), rented for $1,200/month, held 10 years and sold for $220,000
$80,000 purchase; $528 monthly payment; $20,000 rehab; $1,200 rent; $220,000 sale
Said nearby on the same subject
“I bought some shares... $5,000... up to $200,000... I sold it for around $8,000-$9,000. Lesson: take some chips off the table.”
♫
Said on The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
“We make $100 every month and that we spend $20 and we have $80,000 profit”
RP
Riccardo Pisano
Practical Founders Podcast ·
“Regional house price is up 19% over the past year. You know, it's gone from $500,000 to $595,000 in the space of 12 months.”
♫
Said on Australia Overnight
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