Knowing the difference between a residential real estate investor and a real estate speculator is important. Time invested, risk for reward, decision making process, and the emotional factors all play a role is distinguishing the two.
Real estate owed properties (REOs) are just one option for investors when they are investing in residential property in Reno. Find out how REOs are different from foreclosures and the advantages and disadvantages of buying a REO.
One of the most popular strategies for investing in residential property is the buy and hold strategy. This requires the investor to buy a property below market value and wait a number of years to sell it for a profit. However, there are a number of advantages and disadvantages that must be considered.