This was 2006 and the real estate market was still hot. This is how I was able to start in rental property! I crunched the numbers and figured out that the rental income would more than cover my mortgage, insurance, association fees, and repairs. We also had enough money for a 10% down-payment for a new home so we didn't need to sell the townhouse to buy a new home.
Building with Awareness: An Off-the-Grid Straw Bale and Adobe Home -- The compact cottage makes use of reused and natural materials, including abodes, salvaged oak flooring, surplus tile, and flagstone for window seats and shelves.
Real estate investing, even in the real estate market of today, is still a way to ensure lasting financial security. It is a fast and safe method of wealth creation and buying foreclosed homes for sale has always been a popular investment method. Homes for sale due to foreclosures are at an all time high that apparently has not been seen in the past thirty years.