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This is an excerpt from my book: Turning Myths into Money; An Insider's Guide to winning the Real Estate Game.
Buying an investment property can not only provide monthly income, but also serve as a retirement vehicle. But you do need a certain level of knowledge to become an effective investor. Learn everything you can.
The worst real estate investment is one unit (a house); the next worst is two units, and so on. The reason for that is the return on investment and the risk. If you have four units and one is vacant, you still have income from the other three units. But if you have a house (one unit) and it is va