But for real estate experts who have been buying and selling homes for decades, including personal investments, they advise people to take a more prudent approach to homebuying. Don’t Buy Just Because It’s Pretty (Buy Ugly)A key difference between a flipper and someone who’s buying to live in the house is emotion. A real estate investor looks at everything with potential price tags on it. So for buyers who want to be in the middle of the action but can’t afford to pay the real estate prices in those hot locations, condos are a good option. “In a few years, you can rent it out or sell it, and take that money and buy a house.”

Source: Forbes May 07, 2021 19:07 UTC