264: Johnny's Worst Real Estate Investment

Johnny and Derek sit down for a special one on one episode to discuss Johnny returning to his investment property in Kharkiv, Ukraine. This was his first time back at the property since the war between Russia & Ukraine broke out almost exactly a year earlier. At the time, Johnny's Kharkiv condo seemed like a cash flow dream situation, which thanks to Russia, turned out to be too good to be true. Find out what Johnny found when he arrived and how much he's lost on this investment so far.

Discussed: 

Johnny's Kharkiv Condo Tour (Pre-War) Johnny's Journey Back to Kharkiv

Where we are:

Johnny FD – Ukraine / IG @johnnyfdj Sam Marks – Andorra / IG @imsammarks Derek Spartz – Los Angeles / IG @DerekRadio

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Time Stamp:

01:47 - Update from Kyiv 07:33 - Why Johnny Chose to Invest in Kharkiv 11:26 - The 1% Real Estate Rule 17:38 - Airbnb Fees 22:38 - How Johnny Got Back to Kharkiv 27:30 - State of Johnny's Condo When He Arrive 36:30 - Total Costs So Far and What Revenue Johnny Was Able to Collect

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