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Your Best Strategy In Real Estate Investment? |
What's your best strategy/method (the one you know, or heard of) of investing in a real estate with the minimum cost ever? Something like paying only $10k for a $100K house, for example. Reits have been very good over the last several years but with housing prices on the downfall in many markets, now may not be the time to put your money there. Now might be a good time to look at investing in foreclosures and look at using them as rental property until the housing market improves. The $10k to $100k deal is like the guy who loses 150 pounds by using a diet product. I made 100% return on a Reit I held for less than three years that was windfall enough for me. Build your own, then sell it. Much better and faster than remodeling an existing one. I've been thinking about my intial starting point and you should read up on tax liens and deeds. |
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