Why Real Estate Is One of the Best Ways to Make Money....
This post appeared first on Make Money Your Way . After a decade of saving and investing, I think real estate is one of the best ways to make money and build wealth. Here is why. There are many ways to turn a profit with real estate. When you buy a stock, the only way you can make money is if the stock appreciates in value, and you sell it at the good time. With real estate you can make money in many ways, I can name those 12 off the top of my head, and there are many more. Rental income. That one is the main source of profit investors are going for when buying a rental , and doesn’t need an explanation. Buying low. You turn an instant profit if you manage to buy a property for under market value. Think foreclosures, quick sales, and awesome negotiation skills. Selling high . You can make extra money if you stage the property to attract buyers over market value. With stocks, you always buy and sell at market value. With real estate, you can try to beat the market. ...