Amy Hoak had a great article today on Marketwatch about the benefits of investing in real estate:
http://www.marketwatch.com/story/why-investing-in-rentals-could-be-a-good-move-2011-06-13
As she says, there are properties out there that investors can buy and immediately make money renting them out above and beyond all of their costs.
This is above and beyond the additional ways investors make money (depreciation, paying down principal, and appreciation).
This has benefits for the housing market as a whole. It puts a floor on prices and can improve abandoned or foreclosed properties. It can also bring back occupants to properties that had been unoccupied for a long period of time.
The article also makes clear that there are a lot of challenges involved with being a landlord but there is a great upside if you are prudent about it.
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