dream with your hands

I’m in the process of buying the house below. Yes, it’s ugly (you should see the inside). It’s a HUD foreclosure and it needs about $8k in repairs, but I got it for about $33k less than the ARV (after-repaired value). Unfortunately, commissions and repairs and everything else eat into that pretty severely, but I still expect to make a 200% annualized return on my investment. Not bad.

You might also enjoy:

1. 5 simple ways to escape a slump and start kicking ass
2. The daily tomato: How to maintain focus and kick ass on multiple projects
3. How to retire at 30 on $1 million
4. Let’s make a change together in February (we can always revert in March)
5. Update on Goals

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