Loads of folks hate home ownership lately. I’m not one of them. Under certain circumstances, a home can be both a place to live and an investment. And I should know; I built the core of my nest egg with live-in flips.
I buy houses that only a remodeler could love. I think the following are awesome:
- blue toilets
- brown appliances
- peeling yellow vinyl floors
- nasty smells
I like this ugly bathroom:
And I like these ugly cabinets:
I even bought this ugly house:
I like ugly ducks because I can make them beautiful:
And when you make them beautiful, you make lots of money.
Rehabbing ugly spaces isn’t the only way to make money though. If you have the mindset of a dividend investor, house hacking is for you.
Read about my home ownership strategies over at InvestmentZen.
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