I always wanted to invest in real estate. I started reading books in the 1980s. I bought my first rental property in November 1996. I bought two more real estate investments in December 1996. My renters are buying my properties for me.
Since then my partner and I have bought 11 houses. And we’ve sold five of them for $76,000 profit. Plus, we have $9,000 in seller carry backs. The other six houses are rented. This makes the bank note with a little left over as positive cash flow.
We will take two of these six properties at a time, rehab and sell at a nice profit. We are always looking for more. All of this was done with the bank’s money, no money of our own down. Thanks for the great site!