Venturing into the world of real estate is intimidating. Whether you are making your first purchase of a personal residence or starting a business as a real estate investor, there are many unknowns along the way.
Flipping houses and buy-and-hold investing are both great ways to make money in real estate if you know what you’re doing. However, real estate is not a get-rich-quick scheme and is never as easy as it seems on TV.
Buy-and-hold real estate also requires a great deal, but instead of selling for a more significant one-time profit (or loss), the investor will rent the property to tenants and benefit from monthly cash flow.