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<p>[QUOTE=&quot;VistaCruiser69, post: 5412816, member: 107016&quot;]Back in the 70&#039;s and 80&#039;s, my father was a VP of a mortgage company.&nbsp; I remember my parents would throw company parties at our home.&nbsp; I&#039;d listen to what they would all talk about in regards to real estate.&nbsp; The biggest point they used to stress was that the best way to make money is to buy up property, rent it out and in the end, the tenants paying the rents paid for the property that they own.&nbsp; Plus, the property/land increases in value tremendously.&nbsp; The land lords I personally know, they&#039;ve paid off most of their rental properties since the 70&#039;s and 80&#039;s.&nbsp; I&#039;ve worked for a number of financial institutions over the years in the San Francisco area, so I&#039;ve had hands-on access to such information at such level. At which time, I then knew where all the ultra-wealthy reside in places like Hillsborough make their money.&nbsp; It&#039;s not uncommon for very wealthy families (each) to own 30+ homes in the Sunset district and other places throughout the area.&nbsp; They make their family fortune collecting rent and these properties increase in value only because of the land.</p><p>&nbsp;</p><p>Buy a property, rent it out, after 30 or so years the tenants have actually paid off the property and the value has appreciated 800% compared to the original purchase price.[/QUOTE]</p><p><br /></p>

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