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Updated over 8 years ago,
Newbie question on creating money in real estate.
This may sound like a very basic question relative to investing in real estate. I am 47 and will be retiring from law enforcement after a 25 year career and I will be starting my search for my first investment property. I have been listening to Bigger Pockets for about a month as well as reading some real estate books. My desire is in multi-unit properties and I understand the possibilities of gaining profits through appreciation and positive cash flow. I am just not quite understanding how individuals say they make "income" on their properties. Any information would be appreciated.