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Old 11-18-2012, 03:08 PM
newguy123 newguy123 is offline
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Join Date: Sep 2012
Posts: 1,051
Quote:
Originally Posted by thomas.creation View Post
You hit the nail on the head. In these times many investors are looking for brick and mortar investments, also know as rental property. My two last properties purchased are showing 30% returns. With bank financing I'm able to purchase $100k worth of property for $20k and have a ROI in 3 years.
Good for you. I'm probably a couple years behind you but that's the exact strategy I'm using. I think rental properties are the most solid investment. Plus the taxes made on real estate rentals are the lowest of all three types of income.
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