raining moneyThis web site provides information for people who are interested in getting rich or richer. Ideas and techniques to help you towards your goal of getting richer. We focus on real estate investing and business.  This is a  FREE Web Site - Registration is optional- Use this site to start your journey on your road to a wealthier life! New to our site - Start your journey here


Contour Property ready for re-hab

This property Is a double wide manuafactured home on a corner lot.  Size is  27' 8' x 70' 6 '' or 1,963 square feet (approx).

Three bedrooms, two living areas, fire place, large kitchen,

laundry room, central air and heat, large master bath and walk in closet, back porch. Needs carpet, paint and minor repairs.

Repainted and with new carpet this house will be impressive. Large open very livable floor plan.

Added some after pictures

I added some after pictures to 240 taft post.

I will add the cost info in a couple of weeks.

http://www.towardswealth.com/node/4018

The articles on the left

The articles on the left of this page represent a collage level course in making money with rental real estate. The information is free for you to use as you see fit.

Participating lending program.

We have started a program where private real estate lenders (that is you) can participate in the price appreciation of the property that secures the loan you make to Gem Rentals.

Here is how this works

We find the property and buy it for cash.

Evaluation work sheet

Here is the evaluation work sheet I use. Ke

New Years Resolutions

 

Have you set your New Years Resolutions? My goal is to purchase 12 to 20 new front doors during 2012 and to finish the three we have left to do from this year.

Lenders Wanted, Or where to get the money?

 

I am always looking for people who will lend me money on one of my properties. I give them a first Lien on the real estate and pay the lender 7% or 8% interest. 8% for amounts over $40,000 with a commitment of five years or longer. Payments can be monthly, quarterly, annually or any way we can agree to.

 

Update on 4-plex re-model project

This is the before picture of our first property purchased for the Gem Rentals LLC. Venture.

 

 

Remodeling cost for our first property. Here is the link to that information, a 5 unit property consisting of a home and a four unit apartment building. (links to all Gem Rentals are on the left of this page)

 

Gem Rental Properties New projects

before 340 taft st

 

Gem Rental properties is our latest venture into the world of Cash Flow Real estate investing. You can read about this in the articles on the left of this page. This is the next house we are re-habing.

 

We purchased this REO property in August from a bank. It is a 2 bedroom, one bath home. About 1200 square feet.

Changes coming

Over the next few months I will be changing Towards Wealth to Real Estate Investing only.

More and more of my focus will be directed towards real estate and there is not enough time in the day to do all the other ways of making money justice.

We have changed the registration to needing admin approval. To many folks have registered with fake info and to many malicious content has been posted to this site. As the site is free and you can read it without registering I do not feel this will be to big a issue.

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