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Updated about 4 years ago,
Cheap with more work or pricy with less work?
I am a blue collar industrial construction worker that puts anywhere from 40-90hrs in each week, on top of traveling state to state for work. I want to get to a point to where I can still do what I do but have suplimental income to cover the short weeks and allow me to be home with my new baby girl! Ultimately lessen the financial burden through cashflow.
I am in the research stages of real estate... aka looking for my first door. I have found 2 deals that caught my attention:
Both in Hartselle AL
Asking- $45k
Beds- 1
Bath- 1
Sqft- 1,100
-Has 2 rooms that can be converted into bedrooms
-Small lot
-Needs metal roof repair
Asking- $74k
Beds- 3
Bath- 2
Sqft-1,600
-Garage
-Needs flooring
-Currently has wallpaper
-Room for basic upgrades
Being that I am new I do not have any teams or systems in place yet. I am hoping to connect with other investors and also find creative ways to help where I can. Unfortunately my welding trade doesn't quite fit in with real estate but if you have a use for it let me know! Thank yall for your time!