Re: Investing in Real Estate or Stocks?
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With the leverage real estate offers, you can probably make more money with that. You have to be careful though, because in a lot of cities now is not the time to be buying real estate. From what I understand the key to making money in real estate is purchasing properties at less than market value.
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Or finding clever ways to increase their market value. I had a friend in Portland buy an old house near a hot area (NW 23rd) for around $70k that normally would have rented for around $500 per month. He bought it because he noticed it was zoned commercial. He converted it into commercial space doing all the work himself and started renting it out for $2k per month on a long term lease.
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