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Updated 12 months ago,

User Stats

1,034
Posts
755
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Justin Goodin
  • Investor
  • Indianapolis, IN
755
Votes |
1,034
Posts

$50,000 down to make $3,000/month

Justin Goodin
  • Investor
  • Indianapolis, IN
Posted

I put $50,000 down and now make $3,000/month from this property.

Here's the breakdown:

- 6 units in Indiana
- $425K purchase price
- $50K down
- Off market & direct to owner purchase

I collected $2,885 in income the first month I bought it...

Last month I collected $6,810 📈

And making ~$3,000/month in free cash flow. Some months will be higher and some months will be lower (after all, this is real estate!).

It just appraised for $760K as is.
- -

One property like this won't change your life. But what if you bought 5-10 properties like this over the next 5 years?

This is your sign to start creating passive income streams for yourself in 2024!

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