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005 - Fargo's crazy twinhome market, RE investing with $10K, cost breakdown for your house hack
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Kyle Reedstrom and Kyle ReedStrom द्वारा प्रदान की गई सामग्री. एपिसोड, ग्राफिक्स और पॉडकास्ट विवरण सहित सभी पॉडकास्ट सामग्री Kyle Reedstrom and Kyle ReedStrom या उनके पॉडकास्ट प्लेटफ़ॉर्म पार्टनर द्वारा सीधे अपलोड और प्रदान की जाती है। यदि आपको लगता है कि कोई आपकी अनुमति के बिना आपके कॉपीराइट किए गए कार्य का उपयोग कर रहा है, तो आप यहां बताई गई प्रक्रिया का पालन कर सकते हैं https://hi.player.fm/legal।
Subscribe to the Midwest Invest Report and unlock key insights the Fargo/Moorhead real estate market. https://midwest-invest-report.beehiiv.com/subscribe
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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