You can talk about it or do it
June 28th, 2008
My son has been talking about getting into buying investment property. In fact that is all he does is talk about it. I took what he told me he had found about it and started buying houses. My first was an abandoned house I found and looked up the owner. I made a pretty low offer and he countered back on the terms but not the price. It was a pretty easy buy and the cost of getting it ready for a renter was low. I just need to do some painting and replace the carpet and re seed the front lawn and it was ready to go.
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