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Oct 15, 2021
11:57:13am
byujag All-American
buying my house in Kentucky. bought high, sold low, partially due to the market crashing and partly to the house itself
after 5 years of ownership I sold it for 10% less than I bought it for ($20K). In addition to costs to repair and get it ready to sell, plus realtor/closing costs, probably lost $50K on that house (we also caused a flood when we tried to do the upstairs master bath renovation ourselves, which added about $5K to our repair expenses).

buying that house, it came down to that one and a brand new construction which wouldn't have needed any repairs before moving and gained at least some percentage within that 5 years. we chose poorly.

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This message has been modified
Originally posted on Oct 15, 2021 at 11:57:13am
Message modified by byujag on Oct 15, 2021 at 11:57:57am
byujag
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byujag
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10/15/21 10:56am
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