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Updated over 6 years ago on . Most recent reply

Aaron Laster's profile image
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Aaron Laster
  • Investor
  • from Indianapolis, IN
  • Member since Nov 7, 2016
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Aaron Laster's profile image
Aaron Laster's profile image
Aaron Laster
  • Investor
  • from Indianapolis, IN
  • Member since Nov 7, 2016
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Aaron Laster
  • Investor
  • Indianapolis, IN
7
Votes |
29
Posts
Real Estate Deal Analysis & Advice

First Wholesale Deal

Aaron Laster
  • Investor
  • Indianapolis, IN
Posted

Investment Info:

Small multi-family (2-4 units) wholesale investment in Indianapolis.

Purchase price: $2,000
Sale price: $7,000

I purchased this property as a senior in college for $2,000, not doing any due diligence and just excited to get into real estate. Had to pay property taxes for 2 years but I was luckily able to sell the property and walk away with a little profit.

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Andrew Angerer's profile image
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Andrew Angerer
  • Rental Property Investor
  • from Dayton, OH
  • Member since Oct 8, 2018
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Andrew Angerer's profile image
Andrew Angerer's profile image
Andrew Angerer
  • Rental Property Investor
  • from Dayton, OH
  • Member since Oct 8, 2018
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Andrew Angerer
  • Rental Property Investor
  • Dayton, OH
183
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234
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Andrew Angerer
  • Rental Property Investor
  • Dayton, OH
Replied
@Aaron Laster 7,000 or 70,000?? I know the Midwest is cheap, but not that cheap!
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