The one way to generate passive income is to buy a rental home where the rental income is much more than the mortgage payment and taxes and insurance. Then the goal would be to pay off the mortgage as soon as posible so that you have true passive income without the stress of a mortgage payment. I would suggest that a person should only buy a rental home where you have positive cash flow even when purchased with a 15 year loan. There are many homes out there that fit that purchasing requirement. If you want to buy a rental home in the Sacramento area, you can go to
to search for homes that cost 100k or less and rent for 1000 per month or more.

Why do landlords get into trouble? lack of cash flow! If you have great positive cash flow it doesnt matter if you property appreciates or not. You can focus on paying off your investment. Once you own your property free and clear, you now have residual income. If you want to buy a duplex less than six years old for 81k that generates 1300 per month in rent then go over here  http://www.masonhill.com/partner/sites/sp/gordonc/

I found this interesting video about real estate for 2011

I went to a real estate investment seminar a year ago hosted by Mark Evans. He is one of the top real estate investors in the country. His team has created software to help real estate investors sell their homes along with making money while promoting their properties. Check it out. Hit the click here button.
Click Here!

The U.S. population grew 9.7% in the past decade to 308,745,538.0 according to the initial results of the 2010 Census- the slowest growth since the Great Depression. It could be because our nation was hit hard with a recession and housing bust. This number cam close to Census Bureau’s projections, and we are still on track for 400 million people by the 2040′s. I would think with that many more people in the United States home values will increase eventually.

I know of a bank owned home for sale in North Highlands CA. It is for sale for $69,000.0. It is a 3br 1ba home. It should rent for $900.0 per month. I calculated that if a person puts 20% down payment, there monthly mortgage payment would be $581.0 per month with taxes and insurance with a 15 year mortgage. An investor would get great positive cash flow along with owning the home free and clear in 15 years. This home will sell fast now so call me at 916-261-2381 to make an offer.

I started buying rental property in the Sacramento Ca area. I know own rentals in four other states other than California. I am know fixing up homes to sell them right away. I will be buying homes in the Sacramento area to hold long term very soon.