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<blockquote data-quote="TacomaJD" data-source="post: 563248" data-attributes="member: 1780"><p>Just like buying used vehicles, you gotta look for that right one with just enough miles on it to make it cheaper than others, but not too many miles to shew buyers away.</p><p></p><p>I bought a Yukon from a guy that makes his total living dealing real estate and he makes a killing. I wish I could do it on his level. Can't build a trailer park in AL, you can only buy existing ones grandfathered in. He bought one, rents each trailer by the week instead of month, (4 more weeks, or 1 extra month a year that way), and flips houses on the side. </p><p></p><p>The problem with my nature is that I'm afraid of taking big risks (with money anyways, haha). I figure the only way I will be able to comfortably get into rental properties is little by little. Doing it that way will not generate the return that taking the big risk and diving in could, but I'd feel a whole helluva lot better about knowing that I was financially secure. There's money to be made in real estate, I can see it, and I'm always growing more interested in it. I like threads like these.</p></blockquote><p></p>
[QUOTE="TacomaJD, post: 563248, member: 1780"] Just like buying used vehicles, you gotta look for that right one with just enough miles on it to make it cheaper than others, but not too many miles to shew buyers away. I bought a Yukon from a guy that makes his total living dealing real estate and he makes a killing. I wish I could do it on his level. Can't build a trailer park in AL, you can only buy existing ones grandfathered in. He bought one, rents each trailer by the week instead of month, (4 more weeks, or 1 extra month a year that way), and flips houses on the side. The problem with my nature is that I'm afraid of taking big risks (with money anyways, haha). I figure the only way I will be able to comfortably get into rental properties is little by little. Doing it that way will not generate the return that taking the big risk and diving in could, but I'd feel a whole helluva lot better about knowing that I was financially secure. There's money to be made in real estate, I can see it, and I'm always growing more interested in it. I like threads like these. [/QUOTE]
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