Our realtor is going to show us 5 houses tonight. We are looking for a "cheap" place that we can rent out. I doubt we will actually bite the bullet and buy one but it sure is fun to look and dream. I am so anxious to try investing in hard real estate -- whether through rental properties or buy/fix/flip scenarios. In this current economy, I'm thinking the rental scene would pan out better and once the economy returns to 'normal', I will entertain doing a flip. I told myself that once I got schooling behind me, I would have much more time to devote to being a real estate mogul. Hee hee. We'll see what happens...
Looking at properties tonight...
January 28th, 2010 at 06:49 pm
January 28th, 2010 at 07:11 pm 1264705889
January 28th, 2010 at 08:06 pm 1264709209
But I think RE can be a good investment under the right circumstances. It begins with getting excellent tenants, managing them yourself, being close by (not an absentee landlord), having it work in your favor tax-wise, etc. Good luck!