First of all, find 5 charities that you like and give them 5% each month.

Solbergg,While it's a noble thought to try to help someone, you should not confuse business with charity.

When they die the property goes to the charity.

Tenant has been consistently late in paying rent every month since starting the lease, and she's not even been paying with her own money (charities have been helping her out).

Also charities like Salvation Army, Goodwill, and St.

I heard od a guy that bought similar land cheap , he was paid to reforest it , he then was paid when he put it in the states conservation easement , then he donated the land to a charity and took a huge write off . and everyone thought he was an idiot for buying the land

If you as the landlord are paying for water, you have to consider wasteful consumption by the tenants; they might have a car wash for charity running there on weekends.

Other passions of mine include precious metal investing, practicing Mixed Martial Arts, working with various charities, and anything that puts me on or near the water :)My goals and reasons for joining: I am the first to admit I know very little about land investing.

src=/program_o...Focusing on free and clear houses in your marketing, and offering installment sales to maximize their home value, getting a cash flow for long period time, and leaving the cash flow to their heirs or their charities I feel is a great way to acquire properties without banks, and holding the property for your own retirement for a long-term rental say for 15 to 20 years, and then you having a free and clear house for yourself, without using banks or large down payments.

You are operating a business not a charity.