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Updated over 9 years ago,
Our first leases signed!
So we bought this property off a couple slum lords back in August 14'. We found out there was a terrible roach and mold problem . The carpet smelled like urine and had sailed into the hardwood which had layers on layers of paint. So we ended up having to do a massive renovation on our first investment property. Can anyone say gut check. We bought the place for 60k and poured about 20k per side into it. My wife has been keeping track of our progress on her blog beginninginthemiddle.net and Instagram. By the grace of God we came into a large sum of cash or we would have seriously that about cutting our loses. I quit my job a few months ago to focus on getting the construction finished. Somewhere along the way we found another duplex and will be moving into it in June. In turn we put up a listing on Craigslist now we have both sides leased. $950 /$925 with great tenants .