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Pastimes : The Big Tex House of Coin

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To: MMM Mule who wrote (17938)4/3/2001 7:38:06 PM
From: BigTex  Read Replies (1) of 19297
 
as young as you are...
buy 1 a year,try not to finance them over 15 years and by the time you are my age,you should have 4 or 5 of them payed off and by the time you reach 50 you will be worth a million bucks and have a steady income till the day you die...the property will go up in value as the years go by..therewill be times such as now when property values will fall...but...they dont last long...try to buy only 3 bedroom/2 bathroom/2 car garage ones....they are the easiest to rent,but,dont discount buying 2 or 4 bedroom houses...i own some of all of them and my 2 bedroom houses have been rented by the same renters for 10 years,they actually payed the mortgages off for me...do the houses like you would live in them,dont over do them...think of it like this...who would rent this,if i wouldnt live in it?if you have plumbing problems or the such,get em fixed asap and keep the renters happy...its not fast money,but it is still the best investment you can ever buy...
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