All Forum Posts by: Owen Dashner

$2,000. With all closing costs the total amount was $4,800 . This was NET there was no financing. Sold as is for $17k.

I think the buyer actually had to bring money to closing to sell it. 

I have bought two super cheap: 1. $15k Paris, TX 2. $18k Wichita Falls, TX. I have never seen either one of them, did zero work and put them on facebook to owner finance and sold them. They are 10 year notes at 9% interest. The one in Paris I will profit $33,000 and the one in Wichita Falls $34,000. Happy Investing!

@Owen Dashner

My cheapest house we bought for $10 k put $50,000. Into it and sold it for $105,000.

48k with a 401k loan 3 years ago. It’s now worth 195k.

$55k for a 4-unit in New Britain, CT about 7-8 years ago, needed 25-30k worth of work. Ended up being a great deal in the end. 

My cheapest investment was also my worst (although that just means I broke even and learned a bunch). It was my first purchase at ~50k.

130k in Tucson, AZ in 2020. Worth around 240k now. 

$7k for a 2BR home that was tenant occupied with a Sec 8 tenant who had two months left on lease. They moved out. I put another $3,500 in to fixing it up nicer and increased the rent. Collected rent for 3 years and then sold it for a nice profit. 

26k in Conway SC- bank owned. I've got it listed now for 100k on MLS, fingers crossed

In Knoxville, TN. It's a great property that I still own. It's more than paid for itself in 9 years of ownership and It's worth 4X's what I paid for it. I love real estate!