Every house I buy I pay substantially less than its true market value. My secret? It pays to be in a strong financial position. Having sizable cash reserves and a ton of home equity allows us to make great deals. In real estate investing the money is made when you …
In 2011 Mrs. C. and I decided to upgrade our house. We moved from a $50,000 home on a 50X200 lot to a $150,000 home on 3 acres. Since then we have purchased an adjoining 8 acres (with cash). When we bought our new home we had listed our old …
In May we closed on a 3 bedroom house on half an acre that we paid $20,000, bringing us to 4 total houses. Over the past 8 weeks we have fully rehabbed this house, spending another $12,000 to get it to where it needed to be. Our current goal is …
Mrs. C. and I are planning to rapidly grow real estate investments in large 4 to 5 bedroom homes that cost under $40,000 each that we can rent out for around $950 a month. These are certainly cash cow properties that produce a large profit per year. We are targeting …