Experts have always considered investing in real estate an outstanding investment. However, the house you live in isn’t necessarily an investment: True real estate investments are typically comprised of buying, holding, fixing and flipping rental properties, forming REITs, handling short-term rentals and more.
When you invest in in real estate, it’s key to keep your emotions out of the equation. You won’t be buying a house that you’re going to live in or pass down to your children, so you need to look at the property simply as a tool that’s going to generate an additional stream of income for you.
One of the best ways to invest in real estate is through buying rental properties. You purchase a home or apartment building —fix it up if you need to — and rent it out. Rental properties allow someone else to pay down your mortgage and then some.
There is a lot to learn, so be sure you do your research on GOBankingRates first.
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