Investing in Rental Properties - with Mike Hambright

Please join us for an upcoming information session at: www.uglyopportunities.com/webinar to learn more about the most powerful real estate investing system in America (over 55,000 houses purchased). It's no mistake that many of America's wealthy families own real estate. Rental properties are great for many reasons, including: cash flow, depreciation expense (to reduce your tax bill), and appreciation of the property value. For a growing number of individuals and families, it's their most valuable asset...and the vehicle that will allow them to retire and live comfortably for as long as they own rental properties. There's definitely some strategy to what types of rental properties will make sense for you, based on where you live, how active or passive you want to be in your rental business, and other key issues. In this video, please join Mike Hambright to discuss these topics in detail. Rental properties may be the life changing opportunity you've been looking for! _________________________________________________________________________ Brought to you by Mike Hambright and HomeVestors - America's #1 Home Buyer! We're a real estate investing franchise network, known as the "We Buy Ugly Houses" folks, and have purchased over 50,000 houses over the last 15+ years. Get FREE access to my webinars, blogs, and videos that teach you how to become a part of the most successful real estate franchise in America! Sign up at: www.UglyOpportunities.com Facebook - www.facebook.com/uglyopportunity Twitter - www.twitter.com/UglyOpportunity Pinterest - www.pinterest.com/uglyhouses/boards/ [Each Franchise Office is Independently Owned and Operated]

Comments

1. What state are you purchasing these homes? And are they foreclosures?
2. answer everyone's question man? Where are these 16,000 dollar houses? My area average house price is 272K
3. Very nervous to buy a house for 16K what's the crime rate in that area? What kind of rent are you getting for something like this? How long does it take to get these rented?
4. Where are you getting houses for $16K ???
5. How much do you rent these properties for and what is the net profit after maintenance and taxes?
6. What was the monthly income rent from the example homes
7. can someone please tell me where I can buy a house for $16k? cheapest houses for sale within 50 miles of my location is $100k... how can I get a cheap rental?
8. Your purchase prices are ridiculous. Very hard to believe:)
9. I am in the process of buying my 3rd property. All single family homes so far. It's fabulous seeing the checks come in every month. I have my repair guy go over every 2-3 months and fix stuf and do maintenance so the tenants know not to mess  around. Tenants keep the homes beautiful. It's the way to go. Passive income monthly. I plan on trying to do one a year if I can just refinance them, so I can reuse the money. I might try to pay an investor to cosign. Any ideas on this topic? We are buying say 50k home outright. Get it rented out. Then refinance the property that is payed for and take out the money it cost to buy in first place and then reuse money for next property. Any ideas would be great. Thanks
10. Very good video. I prefer as you would categorize "c class homes". This is my specialty as well. I don't have the faith you do in property managers. I have found them far less efficient then myself. However, once you reach a certain number of properties, management becomes an issue. I took the route of keeping it in the family and relying on my children(who were trained by me) to handle much of the management tasks.