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Updated over 5 years ago on . Most recent reply

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Nandy B.
  • Rental Property Investor
  • Los Angeles CA
55
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128
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What is the cheapest house you ve ever bought?

Nandy B.
  • Rental Property Investor
  • Los Angeles CA
Posted

What is the cheapest house you ve ever purchased?

Why did you buy it?

what did you do with it?

Would you do it again?

I hear about so many big money deals but low cost acquisition stories can be inspiring and motivational as well.

Most Popular Reply

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679
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Steve Kontos
  • Investor
  • Great Neck, NY
467
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679
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Steve Kontos
  • Investor
  • Great Neck, NY
Replied

@Nandy B.

Both bought for investment:

A single family home for $2k with no work needed and cash flow ready.

A 6 family building for $25k that needed a gut renovation. 

Don't know if I would do it again only because our goals have changed to a different type of investing. 

If you ever need motivation, remember good things happen to those that work hard and stay focused!  Best of luck to you.

  • Steve Kontos
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