Purchase price: $275,000 Cash invested: $10,000 This is our first investment property and is a fixer upper.

Purchase price: $275,000 Cash invested: $10,000 This is our first investment property and is a fixer upper.

Purchase price: $275,000 Cash invested: $10,000 This is our first investment property and is a fixer upper.

Can't talk myself into giving up the free money the employer is putting in for the 401k match, so I continue to contribute to mine at the level that gets the maximum employer contribution. 

@Sean McGrady: no one can give you a number, because we don't know anything else besides 3.5% down and you have 5k.  3.5% of a 200k purchase price is $7k, plus several thousand in closing costs, plus some level of reserve capital just to make sure you can fix the furnace when it breaks.  

The problem is that there is only one thermostat located in the upper unit.

The best way to build some equity is buy fixer uppers and add value by renovating.

I was humbled by the level of production and investment experience of my fellow group members.

Wondering what the thoughts are in the community about whether or not Florida will be fine for at least a few hundred years in climate change.Whether you think sea levels will rise or not, let's just say hypothetically they rise by ten feet.I believe any urban or dense suburban area will be saved by humans through a system of dams, dikes, bars. 

Last time I checked, a house like this was in the upper 400's without the remodel.