If you really have the appetite for it, then you could get into the real estate and the real estate investing game. This means that you can invest your surplus cash reserves in real estate flipping, i.e., rapidly buying and selling property so as to make the proverbial ‘quick buck’. Alternatively, you can also engage in real estate wholesaling. Wholesaling is when an investor enters into a negotiated contract to buy a property that he has done his research on and has his eye on for being undervalued (and therefore easily flippable). It is important to understand that this contract will go through a summary inspection period and once the contract has been executed, then it will result in the selling of the rights of the contract to another real estate investor for a pre-determined fee or percentage (depending on the specific clauses in the contract). As a matter of fact, […]Read More
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