Monday, February 1, 2010

Rental property

I would like to know what your opinion is on investing in single family rental properties in light of the possibility of hyper-inflation with regard to activity of the Federal Reserve and the Congress and President, specifically stimulus, bailouts and monetization of debt and how you would compare this endeavor in these times to investment in precious metal and/or foreign companies.
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1 comment:

  1. Joe TrometerFebruary 3, 2010 at 5:28 AM

    As a financial planner 25 years ago, the question repeatedly asked of me was, "what's the best investment in the world?"

    Answer: Real estate with a caveat, if you work it!

    When I do the work on properties I own, I make the most profit and maintain the highest control, which minimizes my risks.

    25 years later...
    My answer had proven true;
    I built a lifestyle of rehabbing properties and the freedom from having an employer controlling my life.

    The catch...

    Doing what you love to do!

    Remodeling homes for a profit,
    after years of deliberation,
    turned out to be,
    what I love to do!

    If you enjoy doing home improvements,
    you may find,
    being a rehabber like me and flipping homes,
    may be a lifestyle you enjoy.
    Anything is posible - I found that to be true too!

    Now I find writing about this is as much fun as doing the work.

    Joe Trometer
    aka., Joe the Rehabber
    http://www.ask-the-rehabber.com

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