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Updated over 8 years ago,
My First Investment Property
My first real estate purchase ever was a single family residence in Tempe, Arizona when I was 22 years old. The house needed to be gutted due to age and cats....ugh!!! On closing day I was $150 short for closing, borrowed $200, then lost my keys at signing that cost $50 to replace....Ahhhh...memories....First renters moved out in the middle of the night, next one stayed for 4 years. Sold the property for almost double the value after 5 years. What an education...........:-)