I look at my investment rentals as a 401K. Because I am a stay at home Mom, and because there are not any 401K plans available for me, I needed something for my future.
You could consider flipping properties to boost your yearly income. Unlike investment properties the money once made is made rather than realizing it over a longer period of time. If you have not amassed 20 or so properties yet maybe flipping a few each year would help you out.
Actually, sometimes when I flip I will take back seller financing, so my profit is realized over years. Of course I get a much higher return that way.
But then again sometimes, I will sell my note after a few payments. (Guess it is just because I am in love with seller financing these days with the Sub Prime market collapsing)
Sounds like you are definatly diversifying your realestate!!! I have not done that in the past but will start looking at it as an option. Thanks for shareing.
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