Investing in Real Estate

One of the big areas of opportunity at this time is investment property in real estate.  There are two main purposes of investing. One is to flip the property.  Buy a house, improve it and sell it for more than you have invested in it.  Great in theory, but may not be as profitable an opportunity now as it was several years ago.  With so many houses on the market, you would have to price and market your house very competitively to sell it quickly and that would cut into your profit margin.  The better purpose of investing at this time would be to acquire a rental property that can appreciate over time.  There are great bargains out there right now and the money is to be made if you can purchase a property and hold it for several years until the market improves.   Over the next couple of days, we will explore some of the things to look for when you are considering an investment property.  It is a huge investment that can pay great dividends if executed correctly.  Come back here tomorrow to add your comments and pass along some of your tips to us on investing in real estate.