
Originally Posted by
GeorgeB
Since I deal with real estate, I can say the quickest and easiest way to make money, is by wholesaling. There will always be properties for sale, and buyers for them. Simply connecting the 2 is the biggest issue for most. Once you build a reputable buyers list, it is like taking candy from a baby in a sense.
Others like me would say to find properties that cash flow from the start rent them to good tenants without missing a month. Right now with a 15 or 30yr mtg at under 4% and depressed prices this is very easy to do. I like the 10% rule with interest rates where they are. Take the total cost of the home with interest rates where they are and if you can get 10% of that back in monthly rent your good to go. Someone will pay off your house for you and put a lil money in your pocket every month.
Bookmarks