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Updated about 9 years ago,

User Stats

28
Posts
17
Votes
David Shulski
  • Accountant
  • Selden, NY
17
Votes |
28
Posts

Spending every free minute fixing up this house

David Shulski
  • Accountant
  • Selden, NY
Posted

Live on Long Island NY.  Because of the high real estate taxes on Long Island it doesn't make sense to rent properties unless you are holding section 8 homes where you are guaranteed payment each month.  I really don't want to do that.  So I have invested everything I have into a foreclosed house.  I'm 3 months in, but I'm spending all of my time fixing it up while trying to maintain my 9-5 as an accountant.  It is exhausting.  I'm staying on budget and I'm hoping to pull anywhere from 50-90k from this investment.  But it is taking a toll on me.  Is this how it starts.  It's a learning experience, I know.  I'm single right now so I do have the time.  I don't know how I'd be able to keep up if I was in a relationship or married.  Hopefully I can learn what is worth doing myself and what is worth paying for.  Is this normal.  Does everyone have these growing pains at first?

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