Dividends from stocks, google top 10 dividend stocks for a start...
Also google the terms "Dividend Champions" and/or "Dividend Aristocrats"
All my homes are in Edmond with values in the $125-$175ish range.
As I buy more I will focus more on the $100-$125 range as it's easier to get 1pt return per month with those.
Example:$100K house pays $1000/month = 12% return (plus unrealized property appreciation)
In that example, only fixed expenses are: Insurance & Property taxes with variable maintenance costs.
Should you finance all your houses, part of the house, or none of the house? I have a son in the oil field he's working really hard and I'm trying to talk to him about investing in rental property. We would probably have to go in partners, possibly on lower end homes. Just not sure what the market is like and the return percentage would be.
Based on today's interest rate, I like the "mason jar buried in the back yard" savings plan. It's more secure than the bank versus the .1 (Yes that's 0.1 not 1.0) percent interest rate.
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