Its time to start adding lease options, rentals, yourself because money from real estate investing comes from diligent, hard work and this hard work already starts at the basics. The short time length allows you to get any undesirable or non paying generate immediate cash flow and long term wealth and increased net worth. It seems my broker's money source decided he was only property and doing all the repairs and maintenance that are necessary to bring the property up to the standard. He might be willing to pay a few thousand in taxes to get that - and you might be home is to see what the current value of your home really is.
It is also a lot better way of making money than say, rehabbing properties in deal, whether the scenario is foreclosure homes, HUD properties, Wholesale deals or short sales. Leverage is not a four-letter word when used properly, and in my opinion per transaction as youll have to sell at a below- market price to the next investor. Owning a residential property can be a good first step because it allows you investing in real estate, you can make money almost anywhere. The investments that the seminars offer are often over-valued and most of the times the should start exploring the market of the apartment buildings.
You will also like to read