I’ve done it again!
Trying to expand my readership, I’ve asked another friend from the blogger world to let me post on their site. Mr. 1500 from www.1500days.com is someone I first met at FINCON. We crossed paths again at Chautauqua attending on separate weeks. Super-cool guy with a great website.
This post, I give some tips on how to invest in real estate from afar:
My name is Rich.
I love real estate.
I grew up in Southern California. I remember thinking about buying real estate as a kid. I was twelve years old. I thought if I could buy a house then, I would be able to sell it when I was eighteen and have enough money for a car! I was always fascinated by how fast real estate appreciated in certain places, especially near the beach.
Real estate is tricky for me. I’m in the military, which means I move every two to three years. Ten of the last sixteen years I’ve been overseas, including currently.
What kind of real estate investor moves every two to three years?
That will never work!
I’ve found a way to make it work for me. Over the past three years, I’ve purchased several buy-and-hold rental properties with cash. The income they provide has made me financially independent. Most of these purchases have been made from overseas.
Maybe some of my methods could be useful to you. I’ll summarize my advice in three main points:
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