3 Smart Ways You Can Still Get In On The Real Estate Boom

Page 2 of 2

The purchase of a duplex or a fourplex could be a way to provide you with a place to live and rental income (if you live in one unit and rent out others). In an area where there are a lot of recent foreclosures, there are likely to be renters looking for a place to live. You can take that into consideration, as well as consider offering Section 8 housing for the guaranteed government payments.

Yes, you might be a little late to the party. However, the party isn’t over yet. Mortgage rates are lower than they were pre-crash, and home prices haven’t completely recovered in many markets. So there’s still a chance to get involved with real estate investing.

Action to Take –> Research markets where there are a large number of distressed properties (including multi-unit properties). Consider whether you are best served by fixing up a property and flipping it, or whether you can generate long-term cash flow by becoming a landlord. Don’t forget to research the possible tax benefits you could reap as a landlord.

This article originally appeared on InvestingAnswers.com:

3 Smart Ways You Can Still Get In On The Real Estate Boom

P.S. — Does real estate intrigue you but you don’t know where to start? Make your real estate money work like that of the 1% and cash in on what we call the “Renter Nation.” Start collecting “rents” without owning an acre of land or a square foot of property. Find out more here.

– Miranda Marquit

Warren Buffett’s Top 5 Stocks

Buffett’s firm, Berkshire Hathaway, holds dozens of stocks. But these five make up 75% of its portfolio… worth $65 billion. Click here to get Buffett’s top 5 stocks plus his 16 latest buys, FREE.

Page 2 of 2