Can you retire with houses?

Posted by Marshall on August 27, 2010

How many free and clear houses would YOU need in order to ride off
into retirement?
The magic number I have always heard was 10 free and clear houses…

Is that number good for you?  What’s your number?

So… what is a free and clear property?

Free and clear simply means there is no debt on the property.
So, all of the rent is coming in and going to property taxes,
repairs and then into your pocket.
When most properties only clear a few bills per month when managed
correctly, if you have no mortgage payment
that makes things work much easier.

Could you get there other ways?  Well, of course.  There are so
many ways to get there it is hard to list them all.  However,
housing is a basic need.  That’s why affordable housing is such a
strong investment but you MUST buy it right.  You can’t pay retail
for ANY investment.

Smart stock traders know this.  The smart one’s buy low and sell
high.
The stupid ones buy when prices are getting closer to peak value
and then end up selling on the downside.  So, they buy too high and
then they sell too low.

With credit markets being so tight right now, everyone that is
selling is taking a big hit… including the banks.  It does NOT
matter what asset class you are interested.
If you have capital, you are in good shape because you can hold on
until pricing recovers AND you can purchase now at deeply
discounted prices.

There are tons of people that MUST Sell in any market.  It happens
because life happens.  Even in the best of times, there are some
sweet deals made because people don’t want to go through the time
and trouble it takes to improve a property so they can get the most
out of it.  So, they take a discounted sale price just so they can be
done with it.  Those are the every day deals.

Combine those with a massively distressed real estate market and you have a
perfect storm of properties flooding the market.

What if you could get a property with no mortgage right NOW?
A friend of mine, that runs a hedge fund focusing on Bulk REO pools
gets those deals all of time.

Would you like a free report that shows you how you can do this?

Click this link for the Bulk REO Secrets Report.

Think of this, how many people buy lottery tickets?

How much do people waste on those lottery tickets?

Well, I have news for you, this real estate market could be YOUR winning lottery ticket.

Heck, maybe you don’t like to learn new things?

Get out of your comfort zone and learn some useful information.

Get in the house giveaway here:

http://rapidreiresults.com/house

What could you do with a house with no mortgage on it?
Flip it quick to pay off some big bills?
Hold onto it for a while and collect the rents?
Hold it for 40 years and use it for retirement?
Hold it for a year or two and trade up later to a bigger, better
property, perhaps a multi-family building?

P.S. I will be hosting a webinar soon to show you how to use your
retirement funds to invest in real estate without getting a penalty
from the IRS.  Can you imagine how quick you could build your IRA
if you could flip a few deals in your retirement account…
especially in a Roth IRA.

For now, go check out Susan’s free report on the Secrets of BULK REO Investing

Join My Newsletter List and Get the Following: 1) My $97 eCourse on marketing your RE Biz. 2) Priority Notification of upcoming training calls. 3) Post your properties on my website.

Technorati Tags: , ,

27Aug

Leave a Reply

Anti-Spam Protection by WP-SpamFree