Updated over 12 years ago on . Most recent reply
Need help with my first move!!
OK, maybe a couple veterans could help me out...im a first time investors and am wondering about where to go with my first investment..now im from the detroit area which was hit hard and doesnt have the greatest economy so my question would be,in a perfect world lets say that we have 2 identical homes one going for around 5-10k but needs 5 to 10k of work and one going for around 20 to 25 k but only needs a little bit of work...would it be worth it to save a few thousand dollars and but the fixer upper..now i do consider myself pretty handy and have tackled home improvement jobs before and have a pretty good network of experts in the home improvement field...i do plan on making a career out of this and figure we are gonna need the tools anyway as well as the experience....but i believe the first move is the most important which is why i leave it up too some seasoned veterans for help..thank you for your input
sincerely, ME