He Bought a House for $5,000

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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Learn More About Your Hosts

CodyDBerman.com (Cody’s Blog)

Saving-Sherpa (Justin’s blog)