How to Buy Rental Property and Budget For Resale Profits

Nobody gets into the real estate investment business with the intent to lose money. No matter whether the property is bought and held onto for a short period of time, or for many years, the object of the investment remains the same: to turn an eventual profit. The key to calculating how much of a profit you can earn on a real estate investment is to subtract the total amount of the purchase price and property renovations from the future sales price. As every investor knows, however, the resale value is determined by the market and the available buyers. For that reason, every estimate of pr...
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