How to make consistent Money this Current Market?

[Greg P.]

Hello, I've been thinking and with finding properties with less inventory being tougher, and rental properties (not my thing), is there any other good ways to make money in Real Estate? I've been thinking about commercial, but that seems to be tough as well finding a good deal. How about developing or farming etc? Any creative ideas out there? Thanks.

[Monica Breckenridge]

I know that things have been getting tough lately. But I am still finding deals through short sales by creating equity by negotiating a reduced payoff with the bank. These are unlisted properties. I know you said you don't like rentals. I didn't like the idea of rentals when I first started. It wasn't until last year when I dove into buying up rentals. I now own 25. I was really scared at first but now I"m finding that it is actually a lot of fun and a lot easier then i expected. If you still don't like to deal with rentals, try to buy them still and use a property management company. I believe that rentals are the true way to wealth.

Sure there are lots of ways to invest in real estate. I haven't been hearing good things about commercial lately. Everything is vacant right now and it takes forever to re-lease a commercial space. Plus when something needs to be repaired, it costs a lot of money. Apartments might be a good thing to look into. But I don't have any insight to help you on that.