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SHOULD I START MY INVESTING IN RENTAL PROPERTIES

1/13/2017

1 Comment

 
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With the little money I had, the first question on my mind before is: "Should I invest my hard earned money on rental properties"? Here are some actual examples that I used as basis of my decision not to do it at this stage. 



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Obviously, the very slow Return On Investment (ROI) is my main concern.
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​A more creative approach to rental property is what I saw my neighbor did. He carefully planned for an 8 door apartment, loaned the 90% of the total cost to the bank, and shoulder the remaining 10% balance. See table below:
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​Result:
He didn't have to wait for 10 years to ROI, didn't shell out too much money (just the 10%d.p), collects all the rent, pay a portion to the bank, and yet still earn a moderate monthly passive income of 19K and end up owning the property.

​A pretty good deal.


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1 Comment
Home Recording Pro link
11/12/2018 01:44:55 pm

If only I had your writing ability I look forward to more updates and will be returning.

Reply



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    About the Author:

    Rene Bernardo is an entrepreneur involved in the production of high quality  kitchens and home interior needs. 
    He love to share most life's lessons by writing short articles both in websites and social media. You can follow him on https://www.facebook.com/renato.bernardo.7/ and Youtube  Bulacan Living
    @bulacanliving8362



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