subject: Investment in Real Estate, investment for Life [print this page] Investment in Real Estate, investment for Life
When you make an investment in real estate, it's like making a lifetime investment. As you may have read in the news, home values in many parts of the country have fallen since the housing bubble burst. But really, is your house worth less today that it was five years ago? It has been proven that real estate investing is a profitable venture because real estate, whether you like it or not, will appreciate in years.
This "inevitable appreciation" as some investors would like to call it, makes an investment in real estate a very lucrative deal. You buy a piece of land, hold on to it for years and sell it for a higher price. You can also purchase a property, use it as rentals, and sell it after a few years when its value is already up. If you own a few rentals upon your retirement, you can ensure more financially stable golden years. It's like having a money tree right at your backyard and all you need to do is to wait for the fruits to be ripe so you can harvest them monthly. The best part is, owning rental properties is only one of the many ways to make money through real estate investing.
There are also shorter forms of investing, methods wherein you wouldn't need to hold on to the property for too long. One of these methods is known as rehabbing houses. In this business, you only need to hold onto the property for a few months, depending on how much time you'll need to make repairs and sell the property. Yes, you will need to make repairs and improvements on the property. So generally, what you need to look for are houses that have been somehow neglected by their owners, whether intentionally or not.
The advantage of buying such properties is the low price. You can purchase these houses at deeply discounted prices, especially in today's market. That's way a lot of pundits claim that today is actually the best time to make an investment in real estate. Homeowners are realizing the burden of owning a house amid tougher economic conditions. Some of them are moving back with their parents while others are opting to rent. Others are simply left with no choice but to sell their property because they need money fast. If you are a rehabber, you are in a perfect position to make money through these cheap houses. You can then decide to resell the house after raising its value through repairs.
Want to learn more about rehabbing houses and real estate investing in general? Go to REIWired.com right now.
