The Residential Real Estate Crash Index Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Residential Real Estate Crash Index

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: MulhollandDrive who wrote (5296)	9/14/2002 12:29:46 AM
From: fatty	Read Replies (2) of 306849

homes.wsj.com How to Get Started In Property Investing By ROBERT IRWIN Question: I am looking to get into the real-estate market for long-term financial gain. I am young (just out of college) and have no experience in homeownership or real-estate investing. Where should I begin my career? Also, where in Northern California should I plan to start? -- Perrin, Rancho Cordova, Calif. Perrin: The easiest way to get started investing in real estate is to buy a home to live in. The world's best financing will be available to you, including the opportunity to put little to nothing down. Live in the property for a year or so (a requirement of the financing), then rent it out, buying another home for yourself. Do this repeatedly (called "serial investing") and over 20 years you will have amassed close to a dozen homes, some nearly paid off. You also will have accumulated a substantial net worth and monthly income. The area in which you live (near Sacramento) offers some of the best real-estate opportunities in California. You can still buy a good home in the area in the mid-$200,000s; check out fast growing Elk Grove. What are you waiting for? For more information, check out my new book, "How to Get Started in Real Estate Investing" (McGraw-Hill, 2002).

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next