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Updated almost 9 years ago on . Most recent reply

Walt Harston's profile image
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Walt Harston
  • Investor
  • from Midland, Texas
  • Member since Apr 29, 2016
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Walt Harston's profile image
Walt Harston's profile image
Walt Harston
  • Investor
  • from Midland, Texas
  • Member since Apr 29, 2016
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Walt Harston
  • Investor
  • Midland, TX
2
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4
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Real Estate Deal Analysis & Advice

Successful House Hack

Walt Harston
  • Investor
  • Midland, TX
Posted

In 2011 I bought a small duplex in Provo, Utah for 126k with 8k down.  My wife and I lived in it for 2 years and then moved to Texas.  Since moving it has cash flowed about 3.5k/year.  Now it is worth 200!  Soon we plan to sell and get into a property with more units.  

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Joshua D.'s profile image
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Joshua D.
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  • from Columbus, MT
  • Member since Oct 10, 2013
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Joshua D.'s profile image
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Joshua D.
  • Investor
  • from Columbus, MT
  • Member since Oct 10, 2013
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Joshua D.
  • Investor
  • Columbus, MT
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Joshua D.
  • Investor
  • Columbus, MT
Replied

@Walt Harston  

8k investment, returning 3.5k a year, 50k plus in equity. 5 year time frame

It's the beauty of income property.  I love it! Well done. 

I wonder how that would compare to the stock market over the last 5 years...

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