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Dirt. As in real estate. Right now, the RE market is very soft - inventory levels are low, at least here in North New Jersey. Most people are not buying right now. So this gives you time to find a fixer-upper and prep it for the spring when the market gains more traction.
You already have a talet at fixing this up -- but with filipping cars. Flipping houses require some of the same skills, a little more equity up front, a longer time to 'repair,' but a whole lot greater return on the other side.
Do some research, find a desireable location, then find a house in that area that requires a little attention, and have at it. Pay attention to details when fixing the home, don't cut corners, find what is popular now in homes (granite? open floor plan? master suite on first floor?) and work those into your repairs.
My $0.42,
-Z
__________________
2010 Cayman S - 12-2020 -
2014 MINI Cooper S Coupe - 05-17 - 05-21
1989 944S2 - 06-01 - 01-14
Carpe Viam.
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