investment real estate: HISTORY REPEATS ITSELF - 09/19/10 03:02 PM
When we look back ten years from now to today. Millions will be saying....why oh why didn't I buy that home when I had a chance. THIS IS THAT TIME! RECIPE to be A Milionaire. Buy ten houses, (with 15 year notes), worth 1 million dollars and have the tenants pay for it. In fifteen years you are a millionaire. It is a simple and tried and true recipe that I myself have followed!
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investment real estate: Investment Real Estate - It is TIME! - 08/26/10 08:17 PM
I have seen Fannie Mae and Freddie Mac dumping their investment properties lately. This is incredible since Austin Texas Rents are at an all time high! Rents are higher than they have ever been yet, Fannie Mae and Freddie Mac are dumping properties at 70 cents, 60 cents and even as low as 50 cents on the dollar. This makes no sense....but I suggest you grab them while the grabbing is good. Duplexes and Fourplexes are valued by investors by their rents. So if a fourplex has rents of $2,800 a month the value of that property in good condition is
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