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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Like an old man's underwear...Depends Posted by Aaron on May 31, 2009 at 2:14 AM In Reply to: What's a good area to buy and rent SFR properties? posted by geek on May 29, 2009 at 0:12 AM There are lots of ways to control real estate, even long distances away without owning it out right and leasing to someone else. There are also lots of ways to do both and never be responsible for fixing anything. Just depends on your approach to investing. I have rentals in multiple states and have little to no problems overseeing my properties. Living in Downey might make it a bit tough to get good cash flow, but definitely not impossible if you structure the deals right. If you are posting to this board asking such a basic question, and seriously no insult implied, you might be better of with some serious training before you start investing in long term holds because you shouldn't be doing that with your credit or your money. Pete Fortunato is speaking at the Los Angeles IRCA club on June 2nd. It is free to get in. Four Points Sheraton, 5990 Green Valley Parkway, Culver City 7PM You should check him out. Very smart and talented guy and he will give you some great insight on how to control properties without doing the 20% down/bank loan amateur way. Follow Ups: Post a Followup: Name : E-Mail : Subject : Comments: : There are lots of ways to control real estate, even long distances away without owning it out right and leasing to someone else. There are also lots of ways to do both and never be responsible for fixing anything. Just depends on your approach to investing. : I have rentals in multiple states and have little to no problems overseeing my properties. : Living in Downey might make it a bit tough to get good cash flow, but definitely not impossible if you structure the deals right. If you are posting to this board asking such a basic question, and seriously no insult implied, you might be better of with some serious training before you start investing in long term holds because you shouldn't be doing that with your credit or your money. : Pete Fortunato is speaking at the Los Angeles IRCA club on June 2nd. It is free to get in. : Four Points Sheraton, 5990 Green Valley Parkway, Culver City : 7PM : You should check him out. Very smart and talented guy and he will give you some great insight on how to control properties without doing the 20% down/bank loan amateur way. [ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

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