A recent article on Bankrate says while the concept of investing might make you think of buying and selling stocks & bonds, you can also invest by purchasing an investment property to rent out or fix it up to sell for a quick profit. They point out that Census data show about 70% of rental properties are owned by individual investors, according to Census estimates. Indeed…
“While plenty of headlines have focused on corporations buying houses, the vast majority of real estate investors are much smaller operations, says Charles Tassell, chief operating officer of the National Real Estate Investors Association. Most of the organization’s members own between 14 and 40 units.”
Click here to read the full story at Bankrate.com.