EPISODE · Aug 29, 2019 · 9 MIN
The Best Property Type For A First-Time Buyer
from The Kris Krohn Show · host Kris Krohn
This episode features a question from a caller whose torn between buying a $25K single family home to fix up and rent or going all out and purchasing a $190K fourplex that is already occupied by four different tenants. One option is conservative while the other is way more aggressive. Kris Krohn shares his personal perspective on which property he’d invest in by analyzing some important factors like out-of-pocket costs, income potential, and ROI. You’l be surprised to learn why the debt-free option is not always the better option.
What this episode covers
This episode features a question from a caller whose torn between buying a $25K single family home to fix up and rent or going all out and purchasing a $190K fourplex that is already occupied by four different tenants. One option is conservative while the other is way more aggressive. Kris Krohn shares his personal perspective on which property he’d invest in by analyzing some important factors like out-of-pocket costs, income potential, and ROI. You’l be surprised to learn why the debt-free option is not always the better option.
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The Best Property Type For A First-Time Buyer
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