What real estate strategy is best for a down market?
What is the best real estate strategy for passive income during a down economy? Is it flipping houses, selling the houses to remodelers, holding and renting, commercial real estate, or something else?
Public Comments
- Buying foreclosed homes and renting them out. You could buy a bunch of houses........but in order to flip them and make a profit, the economy has to get better..........and that could be many years from now and you would be stuck having several homes.
- What many investors are doing is buying distressed properties, making them livable, and renting them out until the market improves. Flipping is tough when there are not many qualified buyers out there.
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