Some say that real estate investing in today's economy is a like taking a plunge to death.
You couldn't blame them; they've seen retrenchments here and there and industries closing like clockwork.
But now that the economy is officially and technically out of the recession, many feel that it's going nowhere but up.
This is the main motivation of those who are now into real estate investing.
Many experts say the worst is over and that positive numbers are being seen in various sectors of the economy, including in real estate.
Property prices may be down at the moment but many believe that they will rise soon.
Investors see this as the perfect opportunity to buy properties and make money.
If property prices bounce back within months or in the next few years, they can already sell at high prices the real estate they bought today at bargain costs.
Appreciation in this business may take years, or even decades but investors are hoping that the economic rebound will shorten the waiting period for the return in their capital.
Flipping houses is often used to refer to wholesaling, which is putting a property under contract and then assigning that contract to an end buyer.
Wholesaling is basically finding properties and prospective buyers and then profiting from it.
Flipping houses is thriving amid harsher times because of the availability of cheap properties.
Rehabbing is also hot nowadays.
It was popularized as "fixing and flipping houses" by TV shows like "Flip This House" and "Flip That House.
This is basically buying a cheap property and then repairing and improving that house to raise its value.
You will then sell it for profit.
These two modes of real estate investing are profitable in today's market.
As mentioned earlier, there are scores of cheap properties available nowadays anywhere in the country.