Real Estate Investor Tips ~ Real Estate Investment Results ~ Retire with $1,000,000
By Buying HUD Homes - Bank Owned, Foreclosure, or Repo Homes and Renting Them Out!
HOW TO MAKE MONEY INVESTING in Income Property, or BANK OWNED REAL ESTATE.
YOU CAN MAKE $100,000 to $1,000,000.00 or more in 20 Years or Less!
Start with as little as $0 to $10,000 or as much as $50,000+
RENTAL INCOME PROFITS ARE FOR LONG TERM REAL ESTATE INVESTORS !
INVESTOR Example #1: Casual Investor - Start with $0 to $10,000 Buy 1 houses for $50,000/ With Nothing Down. Seller can pay your down payment and closing costs. Pay $400/mo for your loan. Get renters to pay $600/mo to earn $200/mo or $2400 a year in extra income. After a few years you raise the rent and pay extra on the mortgage. Or you refinance the house, and use the equity to buy another. After 18-20 years, the house is paid off, the rent has increased to $1200 a month, and the house is worth $100,000. The investor can sell and send a child to college, Or buy a boat, RV, or invest in a second home or retirement hobby. If you sell, your net profit is $50,000 cash plus all the rent profit you made over the years. If you keep the house, which is now paid for, you make $14,400/ea per year from then on - without working!). Rental income can be tax free by depreciating your principal. Ask your tax advisor for details. HUD Homes, Bank Owned or Repo Homes and Foreclosures don't always look bad and don't always need work. Some do need lots of work and pay a nice profit if you repair them. OTHERS ARE READY TO MOVE INTO AT PRICES AS MUCH AS 20% BELOW MARKET! | INVESTOR Example #2: Serious Investor - Start with $10,000 to $50,000 Buy 2 - 10 houses for $50,000/ea, paying 10% down. Total investment is $5000 per house, or $50,000 for 10 homes. (You can start with only $10,000 and get the rest of this money from one good Fixer Upper - Ask Me How!) Pay $400/mo/ea for your loans. Get renters to pay $600/mo/ea to earn $200/mo/ea, or $2,400/ea/yr in extra income. With Ten Properties, that's $24,000 a year in extra income. After a few years you raise the rent and pay extra on the mortgage. After 18-20 years, the house can be paid off, the rents have increased to $1200 a month, and the houses are worth about $100,000/ea. If you sell all your houses after they are paid off, you will have as much as $1,000,000 (for ten homes) - PLUS all the rent profit you made over the years. If you keep the houses, you make $14,400/ea per year from then on. That's $144,000 a year in income, without working! Rental income can be tax free by depreciating your principal. Ask your tax advisor for details. I sell homes in OHIO and MICHIGAN, but can help you find an investor specialist Realtor in any state. BUYER AGENT SERVICES ARE FREE OF CHARGE! FOR BEST RESULTS ~ CALL NOW! Lonn Dugan, Realtor, CP, |
www.RealHUD.com www.DuganSells.com
Copyright 2007 Lonn Dugan, Realtor, Coach, Real Estate Investment Consultant 419-764-9649
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