The Dream for most Real Estate investors is to get into properties that have equity, that create cash flow and never have to manage the property.
Most investors look for these types of properties but don't have the relationships and don't know how to find and get manage these properties.
Do the glut of Foreclosures on the market Banks are not assisting investors find this properties.
Imagine if you could get the following Guarantees from a seller: 1) Clean Title from the owner 2) Property will be Livable 3) Equity of at least $20,000 at time of purchase 4) Property Management available to handle finding and managing the Tenants.
5) Ability to purchase the home for less then $25k Well these types of guarantees are now available.
This makes investing in rental properties the best time ever to build a portfolio of cash.
Not only are these properties available, but with the amount of properties that are now available you can model an investment strategy to pyramid your profits to develop portfolio of real estate that will allow you to replace you income in a 3 year period.
The Strategy is to buy 2 homes for less then $50k for both.
Put a tenant in place for 18 months that wants to purchase the property at the appraised value.
When you sell these homes you take your profits and buy 4 more homes free and clear.
Repeat this every 18 Months and you will have 8 homes in 3 years.
At this point you will have the cash flow to replace the current income for most individuals in the US.
In addition you can always sell these 8 properties off and cash in the equity and keep it.
That would be a Cash Value of a minimum of $400,000.
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