Apparently, buying and reselling houses has been around since before the Revolutionary War in America. And since then, the real estate industry has become more and more popular. Which makes sense – considering all the benefits you get out of it.
Think of the many reasons why real estate is a great addition to your portfolio:
- Tax advantages
- Cash flow
- Appreciation
- Steady, passive income from rentals
- Wealth-building
But no matter how great an real estate investment is, it has its fair share of challenges…
With the market becoming saturated and the increase of property prices over the years, it’s harder for investors to find good properties to flip, wholesale or rent out that’s worth their time and money.
Because of competition, there are fewer foreclosures to purchase, but the interest in buying foreclosures is rising. The competition causes the prices in foreclosure auctions to drastically increase.
According…
JP Moses
is a real estate investor in Memphis, TN, with experience ranging from land lording to note buying, rehabbing, and wholesaling. However, wholesaling is the area that he enjoys most and where he bring the most experience and expertise to his students.