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Updated almost 15 years ago,
Hi Kiyosaki wannabe here
Hello, I am Eric living in phila,PA and Silver spring,MD. And yes, it sucks to have 2 places to live. I have very low IQ when it comes to money along with other things. For example, 1 bed condo I am living in, can be rented out for about $1050/month. I paid(still owe) 200k(+ hefty HOA) for this condo 3 years ago, because it was remodeled and LOOKED NICE. Bad deal... ya think?? I want to be on the other side of that deal.
I have a brother who is general contractor for 10 years, and it never occurred to us that we could became rich by buying/fixing/selling/renting houses.
I've been reading bunch of REI books and attending seminars. And I found biggerpockets is even more informative. I made an offer on a HUD home today. yup, this is my first attempt in investing.
Wish me luck.