Internet Marketer, Graduate Student, Radical Dude.
Posts tagged rental properties
ReubenRock.com Buys Another House
Nov 13th
Okay, so the title is a little misleading. I have not, in fact, bought another house. But I am looking to do so – and being in the market is a perpetual thing for me.
Why am I on the lookout? Because the deals are out there. EVERYWHERE. Right now is a bad time for the housing market. You’ve heard it on the tv, radio, from friends, and wherever else. Can’t sell a house right now, can’t get a mortgage right now. Not without stellar credit or a load of cash.
Well my friends… it pays to be resourceful. If you can locate these deals and mine them properly – then you have yourself a sweet cash cow of an investment.
If you don’t know anything about real estate, that’s not a bad thing. Sometimes knowing too much keeps you from buying great investment properties. But I do recommend learning a little before jumping in. For instance, find the worst house in the best neighborhood. Find motivated sellers, even desparate sellers! Etc. Etc. Etc.
This post is a little cryptic, but that’s ok. The fact is, you need to figure this stuff out for yourself. Find experts, ask questions, keep your eyes open. You’ll find what you’re looking for – but you have to be looking for it first.
In the mean time, I’ll be mining some gold.