“I don’t want to make more money — said no one, ever”...That’s the gist of a recent Realtor.com article that took a close look at eight common investments (three are related to housing) and how well they’ve been doing over the last five years. They zeroed-in on the highest and lowest one-year, three-year, and five-year returns to provide a snapshot of how various money-making opportunities are performing.
The eight common investments are:
- Home Price Appreciation
- Mutual Funds
- Home Flipping
- Single-Family Rentals
“Make sure you have reserves for repairs beyond what you plan and expect for,” says Charles Tassell, a Cincinnati-based landlord, flipper, and chief operating officer of the National Real Estate Investors Association. “You never know what you’re going to find when you open up a wall.”