While holding rental property over the long term can be very profitibable, surviving the short-term can prove to be stressful, costly, and have you rethinking the idea of rental property. Many times when we buy rental property, we think, "OK, it looks like rent will cover the payments." That is until the water heater breaks, you need new carpet, a new heating and air system, and countless other things that can go wrong. Or, your tenant leaves you high-and-dry and it's vacant for months. Or, you may be in the flipping or rehabbing game. While many seasoned investors make a lot of money doing this, many newbies have a very difficult time and wish they had kept their 9-5 job. Reason being, repairs seem to almost always go beyond budget, you can't find a bargain house, or it's taking too long to sell. What a new real estate investor needs is consistent income while they are trying to make it big in real estate. I found a wonderful solution to this after I began my real estate investing, and I would like to share that with you. I started a credit restora
If you are interested in learning how I achieved this, please email me at trentwsmith2@yahoo.com.
Mr. Smith owns and operates Hub City Credit Repair in Lubbock, TX. His website is http://www.hubcitycreditrepair.com. In addition to doing credit repair, he helps others start a credit repair business in their city/area.