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890: Friday Q&A: Upgrade My House, Where to Move After Graduation, Future of the Stock Market, etc.

Radical Personal Finance

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The Basic Problem With a Starter Home

In real estate, your number one e factor is always going to be location. If you're not in the house for a long time, you'll probably neverrecoup financially. In general, if you're asking these questions, it's probably better just to sell the home and move up. The other factor is, you're not a contractor, and you don't really want to be a contractor. He problem is, if you do those changes as a home owner, you're probably not going to go for the highest profit margin.

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