According to the U.S. Census Bureau, real estate has consistently increased in value from 1940 to 2006, then proceeded to dip and rebound from 2008 to 2010 and has been increasing overall.
Real estate investing involves the purchase, ownership, management, rental and/or sale of real estate ultimately for profit. Being a real estate investor isn’t always glamorous but it’s a great way to make your money work building your wealth with proper maintenance and upgrades’ as needed over the long-haul. There are several ways to consider investing in real estate, buying properties with the intention of renting them as a way to generate income, 1031 Exchange or, buy, fix, and flip to other buyers. All involve your due diligence; the old adage of Location, Location, Location should be adhered to.
When considering investment options you can put funds into a 401K, buy stock in companies you know about and let them sit in your brokerage account or spend a great deal of time hedging with puts and call, all the while hoping you make the right choices to increase your value.
On the other hand you can invest in a rental property of multifamily buildings or single homes. Ask yourself if you’re ready to take on the responsibilities of becoming a landlord. more