The Financial Independence Show

He Bought a House for $5,000


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Real estate prices are out of control... right?
In today's episode, you'll hear how Justin bought a house for just $5,000.
No, that's not a typo, $5K!
The craziest thing is that the place is in decent condition:
Single level
Concrete foundation
Simplest roof possible
No interior water damage
This house is a big project, but Justin estimates he can finish everything for under $25,000.
After running the numbers, this property should blow the 1% rule out of the water.
Justin is expecting to rent from anywhere between $700-$850 depending on how nice he ends up making it and how it's rented.
We'll definitely be sharing updates about this one-of-a-kind property in future podcasts.
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The Financial Independence ShowBy Cody Berman and Justin Taylor

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