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Updated over 5 years ago on . Most recent reply

User Stats

127
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54
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Nandy B.
  • Rental Property Investor
  • Los Angeles CA
54
Votes |
127
Posts

What is the cheapest house you ve ever bought?

Nandy B.
  • Rental Property Investor
  • Los Angeles CA
Posted

What is the cheapest house you ve ever purchased?

Why did you buy it?

what did you do with it?

Would you do it again?

I hear about so many big money deals but low cost acquisition stories can be inspiring and motivational as well.

Most Popular Reply

User Stats

678
Posts
465
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Steve Kontos
  • Investor
  • Great Neck, NY
465
Votes |
678
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Steve Kontos
  • Investor
  • Great Neck, NY
Replied

@Nandy B.

Both bought for investment:

A single family home for $2k with no work needed and cash flow ready.

A 6 family building for $25k that needed a gut renovation. 

Don't know if I would do it again only because our goals have changed to a different type of investing. 

If you ever need motivation, remember good things happen to those that work hard and stay focused!  Best of luck to you.

  • Steve Kontos
  • Loading replies...