Clear Now is a great time to buy ugly houses and turn them into nice clean rental houses. A person can now buy a house in California and have positive cash flow with a 15 year loan. It used to be a good deal to get positive cash flow with 30 year loans. Now you can get positive cash flow with just 15 year loans. Imagine how well off you could be in 15 years if you just had 4 paid off rental houses in 15 years.
How much monthly income could that be? How much could you save up during the next 15 years? Will it be enough to generate a nice monthly income? Most people will not put away in the next 15 years to have a monthly income. It is a very realistic goal to go from zero homes to 4 homes in the next 24 months. You can start with just a little more reading about how to buy fixer upper houses and then turning them into rental houses. I found one book for less than 20 dollars. Just click the click here button to read about it. Click Here!
Real Estate Investing