Augusta
VIP Contributor
Like most businesses you can buy and hold items to sell for profit in the future. You can do same for real estate business. You can buy and hold for future high profit. Many real estate investors buy a single-family home and rent it out for a while then sell it out when the price is right.
You can make over a 100% profit of you buy a multifamily home and hold for a while before selling in the future. if you rent in the future the profit can be used to cover the mortgage if needed. All you need do is to manage the property that long personally or you hire a management company to hold and manage till time for sale
You can make over a 100% profit of you buy a multifamily home and hold for a while before selling in the future. if you rent in the future the profit can be used to cover the mortgage if needed. All you need do is to manage the property that long personally or you hire a management company to hold and manage till time for sale