My Dad and His Friend Do Real Estate Investing As a Hobby
February 10th, 2010
I’ve watched all those TV shows where the guy flies in in his helicopter and finds an old junk house, renovates it in a few days, and sells it for a fortune. He really makes it seem too good to be true. However, I do know that wise real estate investors can make a good living if they are willing to wait for the best deal. My dad and his friend do a small amount of this kind of investing, more as a hobby than anything else. I think they make some money most of the time, although there have been a few occasions when they couldn’t unload a house quickly enough. I hope they’ll let me join in one of these days.
Entry Filed under: Business