Real Estate Is Very Hot Investment
Author: Joshua Dorkin • URL: http://www.biggerpockets.com/March 13th, 2005 •
Flipping is the practice of buying properties for resale, an investment strategy that has become wildly popular across the country. Disappointed with the stock market and dazzled by double-digit property-appreciation rates, amateur investors - apparently of every income stripe - are investing in real estate in droves.
They are snapping up everything from condo conversions in Chicago suburbs to new three-bedroom ranch homes in the Arizona desert.
Ordinary people, armed with bargain mortgages, pooled family savings and cashed-out home equity, are buying for investment at levels that are starting to worry economic analysts.
Read this article from The Buffalo News
If you're new here, you may want to subscribe to our RSS feed or sign up for our real estate social network. Thanks for visiting!
Joshua Dorkin
Charles Feldman
Ted Karsch.
Troy Schuricht
Anwell Tsai
Richard Warren
Jim Watkins
It looks like the article is no longer available.