Real estate investing form USA Today

[midas]

Check out this article from today's USA Today for the basics of income producing real estate investing not speculation.


http://www.usatoday.com/money/perfi/housing/2005-07-14-real-mym_x.htm

[Sniper]

REITs (Real Estate investment trusts) are the best way for a novice real estate investor to get into the market without all the headaches.

[GeorgeF]

"When something breaks and a tenant calls, fix it. And be a stickler for collecting rent. Says Lee: "Tenants can't get behind.""

I knew there was more to it that buy no money down, collect rent, party on yatch with call girls. That whole tenant calls, fix it stuff sounds like a bummer man.

" faded industrial cities with rebound potential make more sense"

Funny how so many Chinese-American dudes don't seem to know China exists. It is clear that faded industrial towns are faded for a reason, China. Do these dumb bastards really think putting a 'river walk' along a contaminated canal is really going to turn every downtown Podunk into the next gay hipster new age artist hang out.