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Old 04-22-2006, 06:19 AM  
slapass
Too lazy to set a custom title
 
Join Date: Nov 2002
Location: Earth
Posts: 14,625
Good stuff Kevin. But we both know it is easier to make cash in a rising market. More units is more efficient and has cleaner numbers. He was right in that they have higher cash flow 90% of the time.

For your first dip into real estate investing. I would by a fixer up house or duplex. That is how I started and so did everyone I know. Commercial real estate is 1000 times better then residential in terms of time committed but has higher risk. I will never buy more residential real estate. Total hassle.
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