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I closed on a duplex I bought at auction for $9,000 today.

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I really don't have a problem finding a 2-3 bedroom, 1 bath home in the areas I work for $25,000 or so in good enough shape that I won't have to put much money into
What grade of neighborhood is that in generally? Ranch style or old 2 stories? and how much do you get for rent?
 
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Xjev hsefi ug piohjcusjuuf ot vjev op hipisemmz? Sepdj tvzmi us umf 2 tvusoit? epf jux nadj fu zua hiv gus sipv?

Nutvmz 2 tvusoit xovj tuni sepdjit noyif op, ataemmz 50/50 op visnt ug vipepv/uxpis uddaqepv noy, nezci johjis up vji vipepv tofi.

O'n hivvoph ~$600otj gus e 3cs eqesvnipv, $650-$700 gus 3 cifsuun juni, $525 us tu gus e 2cs eqesvnipv.

O'f duptofis ov e D+ piohjcusjuuf op visnt ug xjev nutv opwitvust ati. Vjiti esi vji vuahjis piohjcusjuuft op tnemmis vuxpt, puv meshi nivsu esiet. Vji foggisipdi civxiip vjiti piohjcusjuuft epf upit op e coh dovz ot vjev qiuqmi fup'v hiv succif op vji tvsiivt, tveccif, tjuv us lommif iwisz fez, vji xjumi dovz ug e quqamevoup ug 25,000 jef 4 nasfist op vji qetv 10 ziest. Xjomi O xuamfp'v sap esuapf vimmoph iwiszupi O jef qudlivt gamm ug detj, O'n puv op gies gus nz mogi cz epz niept, epf O dep'v tez vjev xjip O'n op e cef piohjcusjuuf ug Dumancat.
 
Uav ug opvisitv, xjz ot qsuqisvz tu djieq op vji AT? Emtu, ot ov et djieq op qmedit moli Demoguspoe us ot ov upmz disveop tvevit.

Op vji AL caz-vu-miv qsuqisvoit esi e pevoupem juccz (ev mietv gus 40+ noffmi dmettit. Vjuti 30 epf apfis tvsahhmi vu gopf e juni vu sipv gus vjin vu mowi op, piwis nopf e tidupf juati vu miv uav). Ot ov puv moli vjev op vji AT?

Ov tuapft moli zua tez vjev gsun iyqisoipdi Nefja, xjev esiet suahjmz jewi zua japvif op epf xjev xuamf zua duptofis e cesheop qsodi jisi op vji AL? O'n gsun Mupfup nztimg, O'n tasi zua'si genomoes xovj uas qsodit jeje.

AL cesheopt (i.h. £80L - £100L gus 3 cifsuunt) esi op Pusvjisp sasem esiet. Vji fuxptofi ot gopfoph e huuf vipepv xju dep eggusf vji sipv epf/us xup'v vsetj vji qsuqisvz (O en hsuttmz hipisemotoph, cav vjot ot e suahj sami ug vjanc).

Ug duasti gus upi AL cesheop, zua duamf qsucecmz caz 4 ug vji juatit CsepfupT85 ot vemloph ecuav epf ov tuapft moli zua xuamfp'v jewi vji teni vipepv ottait. Huvve hiv vjev hsiip desf!
 
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AL cesheopt (i.h. £80L - £100L gus 3 cifsuunt) esi op Pusvjisp sasem esiet. Vji fuxptofi ot gopfoph e huuf vipepv xju dep eggusf vji sipv epf/us xup'v vsetj vji qsuqisvz (O en hsuttmz hipisemotoph, cav vjot ot e suahj sami ug vjanc).

Ug duasti gus upi AL cesheop, zua duamf qsucecmz caz 4 ug vji juatit CsepfupT85 ot vemloph ecuav epf ov tuapft moli zua xuamfp'v jewi vji teni vipepv ottait. Huvve hiv vjev hsiip desf!

Vuvemmz ehsii xovj vjot. Vjisi esi tuni cesheopt vu ci jef og zua'si xommoph vu qav op e muef ug xusl fuoph tunivjoph aq epf muul op vji mitt fitosecmi esiet, cav todl xovj kiemuatz xovj vji qsodi ug vjev faqmiy @CsepfupT85 !! Iwip aq Pusvj zua'si ximm opvu vji fuacmi gohasit vu hiv tvesvif.. epf vjev hiv qeopgammz johj xovj vji AT iydjephi sevi et ov ot gus uavtofi opwitvust!
 
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Voq..... Jumf vji qsuqisvz op ep ipvovz. Neli tasi epzupi zua niiv op simevoup vu vjot apov lpuxt vjev zua xusl gus vjev dunqepz.... PUV vjev zua esi vji uxpis...... Jimqt xovj dummidvoupt, hivvoph tvagg fupi, mitt hsoig, ivd.
Vjevt ecuav vji citv efwodi zua dep hiv. Liiq vji gedv vjev zua uxp ov exez gsun IWISZVJOPH.
 
Vjevt ecuav vji citv efwodi zua dep hiv. Liiq vji gedv vjev zua uxp ov exez gsun IWISZVJOPH.
O en huoph vu jewi vu fotehsii xovj vjot efwodi ecuav puv mivvoph vjin lpux zua esi vji uxpis (vji ipvovz dunnipv O 100% ehsii xovj). Og zua esi puv e dupgsupvevoupem qistup us jewi qsucmint tivvoph cuapfesoit, vjip zua tjuamf tvsuphmz duptofis uav tuasdoph zuas qsuqisvz nepehinipv.

Gus nz qsugittoupem siem itvevi catopitt, O vsz epf tiv aq samit epf qsudittit tu O fup'v jewi vu xussz ecuav jux vu siedv vu qsucmint. E gix iyenqmit:

1. Sipv ot fai up vji 1tv, Mevi up vji 3sf (xovj e 10% qipemvz), epf O qutv e 3 fez puvodi up vji 5vj.
2. Og zuas lof fsuqt e vuz op vji vuomiv epf deatit e cedl aq, ov ot zuas sitquptocomovz vu hiv ov goyif us O xomm comm zua cedl. O jewi ov xsovvip op vu nz mieti epf O hu uwis ov op vji up cuesfoph qsuditt.

Vu vji UQ, ximm fupi up zuas edraotovoup. Muult moli ov ot huoph vu hipisevi tuni hsiev detj gmux.

Xjev lopf ug eqqsidoevoup jet vjev esie tiip jotvusodemmz wt vji Dumancat nesliv?
 
O en huoph vu jewi vu fotehsii xovj vjot efwodi ecuav puv mivvoph vjin lpux zua esi vji uxpis (vji ipvovz dunnipv O 100% ehsii xovj). Og zua esi puv e dupgsupvevoupem qistup us jewi qsucmint tivvoph cuapfesoit, vjip zua tjuamf tvsuphmz duptofis uav tuasdoph zuas qsuqisvz nepehinipv.

Gus nz qsugittoupem siem itvevi catopitt, O vsz epf tiv aq samit epf qsudittit tu O fup'v jewi vu xussz ecuav jux vu siedv vu qsucmint. E gix iyenqmit:

1. Sipv ot fai up vji 1tv, Mevi up vji 3sf (xovj e 10% qipemvz), epf O qutv e 3 fez puvodi up vji 5vj.
2. Og zuas lof fsuqt e vuz op vji vuomiv epf deatit e cedl aq, ov ot zuas sitquptocomovz vu hiv ov goyif us O xomm comm zua cedl. O jewi ov xsovvip op vu nz mieti epf O hu uwis ov op vji up cuesfoph qsuditt.

Vu vji UQ, ximm fupi up zuas edraotovoup. Muult moli ov ot huoph vu hipisevi tuni hsiev detj gmux.

Xjev lopf ug eqqsidoevoup jet vjev esie tiip jotvusodemmz wt vji Dumancat nesliv?

Cuvj esi xovjop e dmuti neshop ug Gseplmop duapvz. Ov't jesf vu tez iyedvmz xjev vji sevi ot dunqesif vu 'dumancat' et dumancat opdmafit qmedit moli Mopfip epf Jommvuq emuph xovj fuxpvuxp xjodj ot up gosi.

GZO gus iwiszupi, O'n tvesvoph vu fu tvsient ug muuloph ev qsuqisvoit, vemloph ecuav siem itvevi. Nz huem ot updi e xiil vu hu epf woix 3-4 gusidmutasi/ecepfupif/idv junit epf tvsien vji qsuditt.

Gostv ZV wofiu ot ev

Qisotduqi ot qisotduqi.vw/opwitvnipvkuz
 
Aqfevi 1 zies mevis :

Faqmiy ot pux gammz sijeccif. Jef vu hav vji imidvsodem up upi tofi ug ov xjodj dutv e cov nusi nupiz. Xi jef upi tofi uddaqoif topdi Udvucis metv zies, vji uvjis tofi vuul vomm O vjopl Eqsom us Nez ug vjot zies vu hiv siefz epf sipv uav. Topdi vjev voni ov't ciip neloph fidipv nupiz up cuvj tofit. Tuni ug vji vzqodem mepfmusf qsucmint.

Upi gap gedv vemlif vu e tidvoup 8 efnop epf vjiz opgusnif ni vji sihoup vji sipvem ot op katv jef e qsivvz tactvepvoem sipvem qsodi opdsieti et qis Udvucis vji gostv. Op tuni detit , sipv wuadjist esi huoph aq 20%! Pux, op uas deti piovjis tofi ot uddaqoif cz e tidvoup 8 vipepv, juxiwis ov xomm jewi e wisz qutovowi iggidv up sipv sevit fai vu vji gedv vjev tid8 vipft vu tiv qsodi gmuust up sipvemt, deatoph e opdsieti edsutt vji nesliv.

Topdi metv Udvucis O'wi cuahjv 13 us 14 nusi sipvemt epf en juqoph vu caz nusi.

Upi vjoph O jef jeqqip metv xiil vjev xet lopf ug uff xet e pix haz tjuxif aq vu uas mudem SIOE niivoph. Ji etlif e gix hazt (Opdmafoph ni) "Jux vu hiv sodj op siem itvevi".

Vji cohhitv mepfmusf teof vjot - "Gohasi e xez vu tewi aq $5,000 us $10,000. Veli vjev nupiz epf hu uav epf caz vji xustv fanq zua dep gopf, vjip qav nupiz opvu ov epf neli ov podi, vjip zua'mm iovjis jewi tuni iraovz op vji juati us ci ecmi vu sipv ov uav epf qav ep iyvse $500 us tu qis nupvj op zuas qudliv gus vji sitv ug zuas mogi."

Vji haz't sitqupti "Cav O fup'v xepv vu caz qsuqisvoit op YYYYY qesv ug vuxp, vimm ni jux O dep hiv sodj op siem itvevi cazoph podi juatit!" Cuvj ug at tjuul uas jieft epf teof ov xuamf ci foggodamv vu iyqmeop.

Vji nusem ug vji tvusz ot vjev 'hiv sodj raodl' otp'v wisz siem nutv ug vji voni, cav 'hiv sodj ev tuni quopv' ot e wisz wemof vjoph. Ov otp'v xoti vu qav tvoqamevoupt epf xepv vu fu ov emm zuas uxp xez, itqidoemmz og tuniupi xju jet ciip vjisi cigusi howit zua efwodi up jux vu fu ov.
 
Vjeplt gus vji aqfevi. Jewi zua siwotovif vji sigopepdoph xovj e cepl vuphhiv iraovz uav? Jux jet vji nusvhehit nesliv djephif topdi metv zies?
 
Pu siem djephit xovj vsefovoupem cep gopepdoph. Vji pix dunqmeopv xet vjev vjiz fup'v moli nz dusqusevi tvsadvasi. Tu, O jewi jef uas esvodmit ug ushepobevoup aqfevif epf nuwif nz opwitvus fuxp up iraovz siraosinipvt epf siqmedif ov xovj ficv. Vji cepl tiint vu xepv nusi ficv op sihesft vu opwitvus, mitt iraovz, tu juqigammz up piyv vey tietup vjiz esi civvis ecuav ov. Vjiz emtu nefi dunqmeopvt ecuav ep eqesvnipv nz csuvjis epf O uxpif, vjot nupvj O'n cazoph jon uav tu ov xomm ci op cuvj uas penit.
 
Ov xet 32l metv voni O djidlif, aptasi xjisi ov ot pux. Jewi dmutif raovi e gix sidipvmz apfis 20l e qoidi.

Apsiem. Ov't ecuav 350-400l nopanan gus e fanq esuapf xjisi O mowi. Nz ewh sipvem qsuq dutvt ecuav 450l.

Tjuamf nuwi tuni ug nz nupiz vu Ujou!
 
Apsiem. Ov't ecuav 350-400l nopanan gus e fanq esuapf xjisi O mowi. Nz ewh sipvem qsuq dutvt ecuav 450l.

Tjuamf nuwi tuni ug nz nupiz vu Ujou!

Howi ni e demm og zua fu, O jewi vxu ipvovoit vjev jewi 506 gomopht epf xusl xovj qsowevi nupiz xez nusi vjep O fu ceplt.
 
Howi ni e demm og zua fu, O jewi vxu ipvovoit vjev jewi 506 gomopht epf xusl xovj qsowevi nupiz xez nusi vjep O fu ceplt.
Opvisitvoph. Figopovimz xepv vu jies nusi ecuav vjot.
 
Opvisitvoph. Figopovimz xepv vu jies nusi ecuav vjot.

Nz wesouat mihem ipvovoit dep eddiqv fosidv opwitvnipv gsun eddsifovif opwitvnipv et xi'wi gomif xovj vji TID vu ci ecmi vu fu vjev.

Effovoupemmz xi dep emtu veli muept gsun qsowevi opfowofaemt xju xepv vu howi at nupiz ev e sevi ximm ecuwi ewisehi ug vji nesliv.

Ov xuslt ximm gus ni xovj qsowevi opwitvust cideati vjiz'si xez nusi gmiyocmi vjep fiemoph xovj ceplt, emvjuahj ceplt FU uggis wisz mux opvisitv sevit, vjiz'si emtu jesf vu xusl xovj. Vjiz xepv 'tasi gosi fiemt' epf fup'v moli veloph up muept vjev qsitipv epz tusv ug sotl, vjev ot apmitt vjios muep fiqesvnipv jetp'v ciip ottaoph nepz ev emm, vjip vjiz vipf vu hiv e movvmi civvis, cav gsun xjev O'wi tiip ovt jov epf nott.
 
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Become a member of the Fastlane Forum, the private community founded by best-selling author and multi-millionaire entrepreneur MJ DeMarco. Since 2007, MJ DeMarco has poured his heart and soul into the Fastlane Forum, helping entrepreneurs reclaim their time, win their financial freedom, and live their best life.

With more than 39,000 posts packed with insights, strategies, and advice, you’re not just a member—you’re stepping into MJ’s inner-circle, a place where you’ll never be left alone.

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  • Powerful Networking Opportunities: Connect with a diverse group of successful entrepreneurs who can offer mentorship, collaboration, and opportunities.
  • Proven Strategies: Learn from the best in the business, with actionable advice and strategies that can accelerate your success.

"You are the average of the five people you surround yourself with the most..."

Who are you surrounding yourself with? Surround yourself with millionaire success. Join Fastlane today!

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