The housing bubble that led to massive foreclosures and the crisis in 2008 is a distant memory. According to a new Bankrate.com survey, investors would rather put their long-term money in real estate than anything else.
Of the 1,000 investors surveyed, 27% picked real estate as their top choice for money they wouldn’t need for at least 10 years. Cash was the favorite for 23% of them. Stocks came in third at 17%.
Look, I like real estate, too. Always have. But you need to do it right, otherwise you’re sure to lose your butt!
So before you buy a property with the intention of renting it out, be sure to get your copy of What You Must Know BEFORE Becoming a Greedy Landlord. I’m putting the finishing touches on it now and will let you know the moment it’s available on Amazon.com and other booksellers.