Wake up America and smell the discounts
Wake up America and smell the discounts. There will not be another time in the next 30 years to buy homes this cheap. You can buy a house for the price of a Kia car and that is a cheap car. You can easily acquire homes for under 50k right now and rent them out with 7-50% returns. Yes, I said 50% returns. My company has helped over 20 investors this year purchase real estate investments and some of them have netted 50% returns. That is an anomaly, but I think a 12% return is pretty good and quite attainable in this market. Everyone should buy at least 1 rental property this year. You need to call a good Realtor who knows local markets or find a great website like www.buymichiganproperties.com to get started.
