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005 - Fargo's crazy twinhome market, RE investing with $10K, cost breakdown for your house hack

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Content provided by Kyle Reedstrom and Kyle ReedStrom. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Kyle Reedstrom and Kyle ReedStrom or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://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

  continue reading

13 episodes

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iconShare
 

Fetch error

Hmmm there seems to be a problem fetching this series right now. Last successful fetch was on May 22, 2024 03:17 (5M ago)

What now? This series will be checked again in the next day. If you believe it should be working, please verify the publisher's feed link below is valid and includes actual episode links. You can contact support to request the feed be immediately fetched.

Manage episode 406976143 series 3551586
Content provided by Kyle Reedstrom and Kyle ReedStrom. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Kyle Reedstrom and Kyle ReedStrom or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://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

  continue reading

13 episodes

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