My friend Maija got the best advice from friends in real estate, invest in rental property. They scored her a fourplex in a rebounding LA neighborhood when her income was around 20k. One tenant was already there (that income on the property helped her get the mortgage). Maija moved into one of the rooms, remodeled the other two & rented them out.
The tenants cover the mortgage & bills, she can borrow against it, and she has a place to stay.
Everything else she makes from her construction biz is gravy.
__________________
Publicist and owner of HighOctaneHeart.com, FetishArtist.net and FetishForLife.com
|