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With the recent fall down in the Real Estate market, entrepreneurs are turning to the low start-up cost and small overhead internet world. A website can produce just as much income as real property with virtually no cost involved! Let's say a person owns a rental property which has a mortgage of $750 on it, taxes amounting to $150 a month and maintenance averaging $100 a month, your overhead is a whopping $1000/mo per property. Even if they rent the property for $1,200/mo., (good luck finding good tenants), they will still only net a profit of $200/month! That's a lot of work, money and risk to make $2,400 a year! And the part about having equity in the property making it worthwhile... not any more! Ask the millions of people who woke up one day this year and found out that every property that they owned were upside down in value. Million dollar homes are now being sold for 46% of what they were purchased for, and internet entrepreneurs who are cash rich are grabbing them up! A 1-page website can easily generate $56-$1860 per day in revenue, and total costs will only run you on average about 15 cents a day ($53/year). That's $18,668 - $369,037 a year profit from one simple website! Just imagine if you owned 2, 3 or even 70 websites! Feeling you want to become a New Real Estate Frontier Mogul? Visit http://atfmediaonline.instantaffiliatewebsite.com
Article Source: http://www.new.citynewslive.com
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