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Reply to "Remember how people used to have a bachelor pad, then an apartment together, then a starter home...."
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[quote=Anonymous][quote=Anonymous]I had a friend BUY a townhouse in Logan Circle area 22 years ago. Even got a tax break on the rent from the English basement. I thought he was nuts as the area was not all that safe. I went group house route and then bought a sheet hole that I fixed up and flipped and then bought a great but older house that I have spent hundreds of thousands on to get right. We both never had the Bach pad route. All these years later we are both in houses worth high twos or low threes but I have a much bigger mortgage bc he made so much on his first bet. [/quote] Can you go into what you both did to improve your initial properties? Did you hire contractors?[/quote]
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