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Are houses still a good investment?

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  • Are houses still a good investment?

    I have considered this. I have wanted to save up, buy a house, fix it up and rent it out for extra income. I know someone who does this for a living, a family friend. He earns something like $14,000 a month between the 5 houses he rents out. Is this kind of market still worth investing in?

  • #2
    I've watched some YouTube videos with some real estate dudes rehabing houses in Detroit, MI and then they hire a property management company to find tenants for them and then they'll support their clients by taking care of their tenants until their contract is over, I've also considered it but I don't have the money to take action yet... (

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    • #3
      It depends on the area I think. Some places are better than others. If you do decide to invest, just make sure you do your research before you sign the dotted line on any house.

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      • #4
        I think they still are, if the location is right and the house was built using quality materials.

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        • #5
          Real estate in my opinion will always be a great investment, regardless of how the markets are doing only if you have a stable portofilo you continue to build so you can increase your passive income. Just have to play your cards right. 😁

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