My first purchase at the age of 22!
Investment Info:
Single-family residence buy & hold investment in Spokane.
Purchase price: $71,750
Cash invested: $3,587
Sale price: $115,000
My first purchase! I was one semester shy of finishing my 4 year degree at Gonzaga University, and I had cash from bonds my great great grandmother had left me when she passed. So with only $3,587 dollars, I got my first condo that came with a HUGE room sized tv on wheels. What a deal. Shortly thereafter, I purchased a single family home, moved out, and rented this unit to a friend, making almost 250 dollars a month on the rent.
Most Popular Reply
@Melissa Murphy Wooohooo! Go Zags! You are on fire. keep it up! Keep being frugal and wise and investing and one of your biggest issues when you retire at 30 us what the heck you are going to do with all of your time! Awesome work!