Top Ten Tips for creating Wake-Up Money

February 18, 2009 by kcolgin · Leave a Comment 

1. Buy residential properties.  Houses, condos and townhomes.  Stay away from land and commercial real estate unless you are   an experienced investor or are buying as a business “user”. 2. Buy “mainstream” houses and condos.  Buy properties that are at or below the average sales price.  Buy properties that appeal   to most buyers.  Avoid high priced or [...]

Wake-Up Money – Part Three

February 18, 2009 by kcolgin · Leave a Comment 

The Benefits of Residential Real Estate Investment Residential real estate offers five major benefits.  Most other investments offer only one or two. 1. Cash Flow – The rent provides income, i.e. “Wake-Up   Money.”  This is your ultimate goal.  When your property   is “free and clear”, you have the maximum cash flow and   “Wake-Up Money.” 2. Leverage – [...]