I think we all know real estate investing is awesome, right? All of us on here are in it for some reason or another. Or maybe you are newer and still trying to convince yourself to take the leap. My only warning about taking that leap is real estate investing can be very addictive!
So what is it exactly about real estate investing that keeps us all hooked? Some of these might be really obvious, but it’s good to put everything into perspective sometimes.
Top 10 Reasons Real Estate Investing Rocks
- You can make a lot of money! Probably the most obvious. I don’t think of us would be in this if there wasn’t money to be made. This is a cool one though because there are actually different styles of making money in real estate. You can make big chunks in shorter amounts of time, like with flipping, or you can make passive money over the long run, like with rentals.
- You can’t get fired. You can quit, but you can’t get fired. Kind of freeing, isn’t it? Even if you mess up so bad even your mother would want to slap you, you can’t get fired. If that’s not empowering, I don’t know what is.
- You can do it anywhere, anytime. I say this as I always preach about not being able to invest in CA. However, I’m usually talking about buy and hold investing when I’m talking about CA. I do believe flipping can work great in CA (assuming you have mega capital to start). Wherever you are, there is some kind of investing that will work there. It may not necessarily be the most optimal or what you want to be doing, but you can do something. Or, with virtual world now, you can …read more