How exciting does “buy one and get three” sound to you? That is largely what you get when you invest in a triplex. Buying a triplex gives you the luxury of owning a building containing three separate dwelling units. You can either rent out all three units or live in one of them if you wish.
In this category of the Learning Center, learn about real estate investment strategies and other strategies for investing.
Investing in multifamily properties is a time-tested way to generate passive income. Apartment buildings typically carry less risk and offer a much higher return on investment than single family homes. On the other hand, they can be difficult to manage and require more time and commitment than other types of rental properties. But is owning apartments profitable?
Setting real estate goals is the first step in achieving financial freedom with real estate investing. Whether you’re just starting out or you’ve had some experience with real estate, having clear goals will help keep you focused.
Real estate is nothing like a get-rich-quick scheme. Just like with every other venture, making money with real estate takes hard work and commitment. But once you get the hang of it, you can work your way towards the steady stream of income you are looking for.
In this article, we will explore just how many rental properties an investor needs to make $100k per year. You will also see tips and strategies for earning six figure rental income.
If there is one thing I have learned from growing up with parents who made most of their money from real estate investing, it’s that it is one of the smartest ways to create financial freedom – especially if you can start investing in real estate in your 20s.