Are You Making Money In Real Estate?
If you are an investor and have been for a while, are you still making money in real estate today (2009), in the midst of this slump? You probably are if you own rental properties that produce positive cash flow every month. If you haven’t yet invested in real estate, let this be an important lesson. Those who bought properties three years ago hoping that they would sell them for a large profit are sitting on huge losses. If they also bought properties that costs more every month than they brought in in income ( a common practice at the height of the boom), they have probably lost the rentals and any money they invested into them. Buy cash flow and you‘ll be making money in real estate even if prices drop.