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Credit and mortgage advice › Forums › Home Insurance › How do you make money in real estate without flipping?
I’m new at this…but it just seems so impossible to make any money in real estate. You have to pay for loan of the down payment, the property tax, insurance and mortgage……renting it out is not enough to cover the entire cost of all these components. The only way I can see making money is by it appreciating in value over time. Will the rent ever exceed these other costs…is it worth holding on to and putting your own money in? How do people buy 20 houses? I just want to know. Thanks for your input!