Want to invest in property

Thank you, that looks like a very informative web site! I could spend hours there! By the way, do you know any good books I should read too?

Also, thank you for the advice, it makes sense to me. I still have a lot to learn about this.

Lea

> A great discussion for real estate investing
> is
> is creonline.com

> My general advice is do a cash on cash
> analysis
> compare all your costs like purchase,
> repair,holding cost, closing cost and down
> payments to your net profit. Rule of thumb
> is
> make sure you are getting at least 10%
> annual return on your money.

> why?

> Because you could take your cash and invest
> in a no load index stock fund and expect 10%
> return without having do anything whereas
> real estate you are taking on a part time
> job so you need to get paid more to make
> worthwhile.

> Make sense?