As you're probably aware, some of the world's richest people have made their fortunes by investing in real estate. Investing in real estate is a great way to generate passive income which if done properly can allow you to quit your job and live off the residual income from your investment properties. Most people think that you need a lot of money, a good credit score and substantial savings to invest in real estate; however, this is simply not the case.
Sub prime markets have constricted, and default rates are setting new records -- never a better time to buy Real Estate and hold when you have plenty of tenants that can no longer buy a home. If you missed everything elseabove, check this out: There are many properties being bought under market value and there are no longer zero down payments for those with credit issues including first time home buyers. More clarification? Here’s another thought. You can buy properties below market value and create immediate cash flow. The rents have no choice but to increase even further. Why? Because more tenants are entering the market. Why? Because they cannot buy, and you can help them by putting a roof over their heads. Every other month we are purchasing and renting income producing real estate with very little to nothing out of pocket.
You can only live at poverty levels on Social Security. I wish you could live rich on it, but it is just supplemental. Honorable companies who have offered pensions in the past unfortunately have ceased or even frozen their retirement plans. You worked all your life for one company? Whoops, sorry! We never knew health care would get out of hand like this. Your pension is diluted. Good bye guarantee. Wal-Mart needs greeters, and I personally do not want you to be one.
Don’t believe me, forward this to any financial advisor that has earned you 15% to 20% on your money. These have been the minimum returns on our real estate investments. We would love to network with these advisors and show them what is happening monthly.