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Real estate
Is real estate investment profitable?
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[QUOTE="moonchild, post: 287837, member: 57467"] Real estate is profitable depending on different factors like 1 Location 2 Inflation 3 Affordability Overall, real estate is an age long profitable business that have been existing for a very long time, there are different ways you can make an income with the business: 1) Rental income: If you own a rental property, you can collect monthly rent from tenants, which can provide a steady stream of income. 2) Appreciation: If you buy a property at a low price and then sell it at a higher price later, you can make a profit through appreciation. 3) Leverage: You can use leverage, such as a mortgage, to buy a property with a smaller down payment and then use the rental income to pay off the mortgage It is advisable to seek knowledge on it by reading Robert kiyosaki books and consulting other real estate businesses in your local community to gain more insight on the business. [/QUOTE]
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