Posted by Monique on February 02, 2001 at 11:07:45:
See the answers to the post immediately below yours by Rick Wheat and William Bronchick.
Monique
CashFlowwwwwwwwwwww - Posted by Rick
Posted by Rick on February 01, 2001 at 23:58:18:
I want to work my butt off to get about $9000-$10,000 of MONTHLY positive cashflow. Probably sounds unrealistice - but I KNOW that big money is not always just for the other guy!!!
What is my best route??? Sounds like being a landlord or owner of a mobile home park, or something like that…
What course of study is advised?
Rick
Re: CashFlowwwwwwwwwwww - Posted by T Jent
Posted by T Jent on February 03, 2001 at 02:24:53:
For consistent dependable cash-flow commercial is probably best. And as far as commercial goes, apartments and mobile homes probably give the best return. There are headaches. When you own income property, there is management. You have a business of sorts. But you also have a durable asset that will always generate money. I have done several fixup flips. Each time I do, I then take the cash and buy a keeper. This way I have built a permanent income base, which in turn gives me freedom to look for more deals.