Episode 120: How We Lost $22k on Our First Real Estate Investment

<p dir="ltr">Today’s episode is a summary of our first real estate investment journey! We sat on a vacant home for 15 months and poured dollar after dollar into this place, so we figured we’d better catch you all up on what that means. You’ll hear the real figures we spent and the next steps for us with real estate. Investing in real estate can be difficult, so we want to be as transparent as possible for others out there. Enjoy!</p> <p><strong> </strong></p> <p dir="ltr">In this episode, we chat about:</p> <ul> <li dir="ltr" aria-level="1"> <p dir="ltr" role="presentation">The sunk costs with our first investment property</p> </li> <li dir="ltr" aria-level="1"> <p dir="ltr" role="presentation">Selling and walking away</p> </li> <li dir="ltr" aria-level="1"> <p dir="ltr" role="presentation">Next steps in our real estate investing journey</p> </li> </ul> <p><strong> </strong></p> <p dir="ltr">MENTIONED IN THIS EPISODE:</p> <ul> <li dir="ltr" aria-level="1"> <p dir="ltr" role="presentation"><a href= "https://podcasts.apple.com/us/podcast/the-reality-behind-real-estate-investing-why-its-not/id1520347266?i=1000584749160"> Episode 97: The Reality Behind Real Estate Investing + Why It's Not for Everyone</a></p> </li> <li dir="ltr" aria-level="1"><a title= "Episode 78: Long Distance Real Estate Investing" href= "https://podcasts.apple.com/us/podcast/long-distance-real-estate-investing/id1520347266?i=1000554176745"> Episode 78: Long Distance Real Estate Investing</a></li> <li dir="ltr" aria-level="1"> <p dir="ltr" role="presentation"><a href= "https://thefrugalgay.com/">Tom Brickman, AKA The Frugal Gay </a></p> </li> </ul> <p dir="ltr"> </p> <p dir="ltr">ABOUT PRICE OF AVOCADO TOAST:</p> <p dir="ltr">Listen in with Haley and Justin Brown-Woods, married millennials picking up the pieces from the financial fiasco they created as a young couple. </p> <p dir="ltr">They want to normalize conversations about money and learn from others on the path towards financial freedom. Whether you are just getting started on your debt-fre