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On the Bigger Pockets Podcast

Bigger Pockets Podcast

We got to spend time on one of our favorite podcasts chatting about cheap old houses, and why they’re good for your soul, your communities and your wallets!

Would you buy a house for $100K? That’s right, just twenty-five percent of the median home price in America. Well, we found a couple who does just that, finding fixer-upper properties that often cost less than six figures and turning them into eye-catching, head-turning homes. They even argue that these cheap old homes are BETTER than the newer-built house flips that so many investors are targeting today. So, how do you find your next $100K home, and where do you start looking? Elizabeth and Ethan Finkelstein, the brains behind HGTV’s “Cheap Old Houses” and the social media account by the same name with millions of followers, join us on today’s show. Elizabeth and Ethan love cheap old houses, but not for the reason you think. Most investors purely look at the numbers or the profit potential, but Elizabeth and Ethan see beyond that, fixing up old houses to not only collect the significant equity gain but restore communities and bring back long-forgotten styles, materials, and looks. They’ve bought houses for as cheap as $27,000 and turned them into homes anyone would dream of having. If you’re an investor without much capital and can get a little handy, these old houses could explode your portfolio. But who SHOULD be buying these cheap old houses? Stick around as Elizabeth and Ethan give their expert advice on what to DIY vs. hire out, which old pieces to keep, the best way for beginners to get started with little money, and the decades that built the BEST houses!

See our full HGTV series, “Who’s Afraid of a Cheap Old House?”

in more cheap old houses!
Buy the Book

Did you know that thousands of people have purchased and restored homes that we’ve featured on Cheap Old Houses? We wrote a book to prove it! An Amazon bestseller, the book features 25 stores of people who have purchased and restored cheap old houses. With hundreds of beautiful photographs capturing these homes in all their glory, you’ll be inspired to find “the one”—a fixer upper to rescue that will rescue you right back.


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