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Maintaining rental properties is an excellent way to generate income. For those who possess the means, purchasing residential units and leasing them out to tenants is one of the most dependable ways to accumulate personal wealth. …


A Synopsis of Four Proven Ways to Make Money From Residential Lands and Properties

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One of the most tried and true ways to increase personal wealth is by investing in residential real estate. Despite a few hiccups in the housing market every so often — most notably the sub-prime mortgage crisis of 2007–2010 — there is no more consistent and dependable source of income than owning residential lands and properties. But for those looking to make their first foray into the world of real estate, the sheer complexity of the marketplace can be daunting.

Investment success requires diligence, hard work, and a familiarity with the inner-workings of the industry. So, where does one begin? What is the most important information for an uninitiated, would-be real estate investor to know? As with any other complicated subject, a good place to start is with the basics. In this case, the basics are the different forms such investment can take. In that spirit, Michael Sico provides the following is a synopsis of four proven avenues to make money by investing in residential real estate, presented as a handy reference guide. …

About

Michael Sico

Michael Sico is a partner and the Chief Financial Officer at Michael John’s Developers L.L.C., in Franklin, New Jersey.

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