My Recent Investment in a Property at a Tourist Location
Four of my cousins and I jointly decided to buy a property in a tourist location.
We had heard that it is a good earning as positive cash flow is generated very
easily through it.
We got in touch with Vendor Finance to know genuineness behind it as if we
don’t get what we expect then the investment will not be fruitful. Tourist
locations are far from where we live and going there to take care of it or utilize
it by ourselves is not possible. When we got in touch with Vendor Finance, they
told that they will not only find a house at very reasonable rate prevailing in
the market but will also help us in getting tourists / renters. They assured us
that they are always ready to help us.
We gave them the job of finding a property, which they did in a short period.
After carrying out certain renovation work on the property, we asked them to
find a renter or tourist so that positive cash flow is generated.
The house they found is in a very good location and we used to get inhabitants
without much delay and thus, used to get regular positive cash flow in our
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