10 Smart Ways to Invest Your Money
7) Rental Real Estate
About eighty percent of American millionaires make their money in real estate, and rental real estate may be the best opportunity for others to do so. The beauty of rental real estate is that, in most cases, the buyer can acquire the property with a small amount (usually a few thousand dollars) down and get tenants who will pay off the mortgage and create positive cash flow for the owner. The keys to this type of investment are buying at the right price and hiring good property managers. There are other ways to make money in real estate, but many consider this the ideal investment since it offers leverage, cash flow, and (under most circumstances) an appreciating asset.