The infamous Unabomber lived in a cabin in the woods near Lincoln, Montana before he was caught. The cabin that sat on the land is now at the Newseum Museum in Washington, D.C. but the 1.4 acres of land is still available for the person who likes seclusion or maybe wants to set up a tourist attraction. The price is $69,500, recently marked down from $154,500.
There is one thing that everyone needs in life. This thing is money. There are plenty of people in life that have love, friendship and companionship but lack money. It does take money to invest in real estate. When you buy a property, one of the first things that you will have to do is qualify a tenant. You might purchase a turnkey property that has a tenant attached. This tenant might not last and you will have to find another. Learning what is an income to rent ratio for investment property will help you learn how to financially qualify a tenant. The entire purpose of owning your property is to earn enough to cover your own expenses. What is left could be your profit for your hard work as an investor.
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