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Keith Hawn has been a Real Estate Investor since 2004 when his oldest daughter started her University studies. She came home for the Christmas holidays and asked her Mom and Dad to buy a house for her and her friends to live in the following year. Keeping an open mind, Keith approached his Banker for financing, and was delighted when the loan was approved.
Keith became a real convert to Real Estate Investing when he discovered that instead of paying $5,000 per year to rent his daughter a room, that he is able to put $6,000 per year in his pocket every year after all expenses and debt service costs for the new house are paid.
In addition, Keith figures that he has made enough appreciation on this property to completely pay for not just the oldest daughters 4-year education, but the youngest as well.