Tell me about your first ever real estate deal.

[Andre Brock]

Tell me about your first real estate deal how did you find it ?was it a house hack?what did you learn? Was it profitable?

the first property I purchased was in Cleveland back in 2005 a single family that I purchased for  22k cash and i rehabbed it after work and on weekends this property was in the hood I put 12k in it put a tenant in and sold it for 79k to investor who an real estate agent referred me. 

[David Krulac]

In Bigger Pockets Podcast #82, I talked about my first purchase.  Bought it at an auction, property was owned by the statem paid $27,000.  Didn't pay rent or mortgage for 6 months, and then 100% financed.  first moved in and house hacked bedrooms, then rented the whole house and moved out. Eventially sold for $99,999.  House was 17 years old all brick rnach house with Andersen windows, solid hardwood floors, gas heat, ceramic tile baths and a new 6 month old roof.