Sunday, March 30, 2008

Buckets of cash


Investment strategy- real estate
If you think you have waited to late in life to invest in real estate, look at buying and renting houses as buckets of cash. Say you buy a house, and all you have is 5, 10 years left to retirement, buy the house at market, rent it out at $0 or postivie cash flow, then cash it out at the retirement date, whatever gain you have is your bucket of cash, 15,20 or more thousand to roll into securities, buy 2,-5 houses and you could have a potential of several hundred thousand dollars to add to your portfolio. Is it risky? Yes, but so is the stock market, mutual funds etc. I am personally doing this and haave done it over the years and now have my retirement fully funded. I did it by doing this. Just my thought for the day.

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