9: Financial Independence at Age 30 (by House Hacking + Side Hustles) with Drew from Guy On Fire
BiggerPockets Money Podcast
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How to Buy a Fixer Upper With Limited Funds
I don't think I've ever met anyone where their first property was their best investment. But the second house is great. The location was much better. And I was able to get about $1,000 per room on average. So I was collecting $4,000 in rent and my carrying costs were about $2,400 in rent. It's a little slower than I would like because you have to have an FHA inspector come to the property. He makes sure the budget makes sense. Then they send you a check on a reimbursement basis for you and the contractor.
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