Today’s Rental Real Estate Offers Income Plus Asset Appreciation
By Tom Gilliam | RE/MAX Classic, Your Trusted Oakland County REALTOR — 24 Years — 7
(RE/MAX Classic)
Every industry has its adages. In the real estate world, it’s “Location, location, location.” In the investing world it’s “Buy low, sell high.” To coin an adage for the world of real estate investing, we recommend, “Buy low in the right location, earn money every month from your investment, then sell high at the right time.” Okay, it isn’t catchy, but it captures the essence of how buying a great rental property can produce income today and reward you with a tidy profit down the road. Is investing in rental real estate risk-free? Absolutely not. But the risks are manageable and the rewards can be great — especially compared with other investment options these days — if you make smart decisions along the way. Buy LowMany markets around the country today offer unparalleled opportunities t...
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