I’ve got a handful of 1/1 SFR’s with really great terms and cashflow. My strategy has been renting to seniors on section 8. Works well, I don’t have any problems and great cash flow. This is in The Bay Area of California.
I’m thinking of trading these great little deals for broken trailer park(s).
I really like the four minute investing in MHP’s video, it’s very true. I’ve been pondering currency, debt ( personal and national ), Quanatative Easing etc…what is going to be a stable investment when a recession really hits us and inflation skyrockets? How is someone going to make money? I’m sure most of us know that we’re not doing well as a nation and we may fold at anytime. BUT NOT MCDONALDS!
I hope to meet some folks in Nov. and share some stories as my first transaction was a Lonnie Deal that was introduced me to a pedophile, drug dealers, wife and husband cheaters. And some really nice people who liked me for adding value to their community.
I also made a pile of dough. Turned a turd into a gem and learned a lot.