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Eric V.
  • Rental Property Investor
  • Red Bank, NJ
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17
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How old were you when you bought your 1st Investment Property?

Eric V.
  • Rental Property Investor
  • Red Bank, NJ
Posted Jun 9 2018, 12:14

OK just curious here, how many guys/girls start super early or late. I bought my 1st at 16 (my grandfather put 95% in, i put in all my "paper route money" and everything else saved, about $3000 in 1983. Still own that house today.  

purchased 35,000 

reno 40,000

all in $75,000 (in 1983)

After a bunch of upgrades including for a 2nd time new kitchen,baths,hardwood, roof, landscape, etc. 

Rental now $2,500

Value 500,000ish

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