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You buy a house and rent it out, sit back and watch the rent payments come in, right? Well not quite. If you were to talk to the majority of landlords you'd find that they had horror stories to share. The successful landlord has learned real estate investment in a trial by fire, with no shortage of mistakes made in the heat of battle. Real estate investment can be a profitable investment, but without a full understanding, can quickly turn into a stressful nightmare.
Real estate is more of a stable investment than many others; vary rarely does property value ever go down. There are pros and cons to investing in real estate; here we will talk about a couple of them. The two most popular ways to invest in real estate are to buy a house, fix it up and sell for a higher price (house flipping) and to buy a place and rent it out (becoming a landlord.)
House flipping can turn a quick profit in a short amount of time. The basic idea is to look for a house that needs work and can......

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Approximate Word Count: 1006
Approximate Pages: 5 (250 words per double-spaced page)

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