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005 - Fargo's crazy twinhome market, RE investing with $10K, cost breakdown for your house hack
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Kandungan disediakan oleh Kyle Reedstrom and Kyle ReedStrom. Semua kandungan podcast termasuk episod, grafik dan perihalan podcast dimuat naik dan disediakan terus oleh Kyle Reedstrom and Kyle ReedStrom atau rakan kongsi platform podcast mereka. Jika anda percaya seseorang menggunakan karya berhak cipta anda tanpa kebenaran anda, anda boleh mengikuti proses yang digariskan di sini https://ms.player.fm/legal.
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In this episode of the Midwest Invest Report, Kyle discusses the twin home market in Fargo-Moorhead and the costs involved in getting a house hack.
Takeaways
- The twin home market in Fargo-Moorhead is currently in high demand, with limited supply in certain areas.
- When investing in real estate with $10,000, it is important to consider the various costs involved, such as earnest money, inspection fees, and lender fees.
- Negotiating closing costs and utilizing state assistance programs can help reduce the financial burden of buying a property.
- Re-reading a book can provide new insights and perspectives, especially as personal circumstances and knowledge evolve over time.
- Post-closing costs, such as lawn and snow maintenance, equipment, rent collection systems, and professional tax services, should be budgeted for in real estate investments.
Chapters
00:00 Introduction and Twin Home Market
07:28 Real Estate Investing with $10,000
08:25 Costs Involved in Getting a House Hack
19:52 Post-Closing Costs
21:04 Conclusion
Subscribe to the Midwest Invest Report Today: https://midwest-invest-report.beehiiv.com/subscribe
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