Investing in Low-End Houses
Low-end housing like mobile homes, garage units, and apartments are an excellent source of long-term cash flow for many reasons. The main reason being the abundance of houses and the ease in which you can buy and sell them. Low-end housing does not necessarily have to mean the slums; these are simply your basic starter homes without all the bells and whistles. They can be rented for about $350-500 per month and makes a great return of investment at around 25-40% a year. In a few years you will get these houses paid off and if you’re a good manager, this will reward you for many years to come.
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[...] Buying Foreclosed Homes – Buying Foreclosed Homes wrote an interesting post today onHere’s a quick excerpt Low-end housing like mobile homes, garage units, and apartments are an excellent source of long-term cash flow for many reasons. The main reason being the abundance of houses and the ease in which you can buy and sell them. Low-end housing does not necessarily have to mean the slums; these are simply your basic starter homes without all the bells and whistles. They can be rented for about $350-500 per month and makes a great return of investment at around 25-40% a year. In a few years you wil [...]
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