This all sounds great, but I’m guessing the main stat you’re interested in is how much you can make. (Am I right?) Well, here’s the answer you’ve been waiting for: According to a survey of real estate investors done by ZipRecruiter.com in spring 2019, investors make an average of $123,937 per year, with the low end at $47,000 per year and the high at $261,500. Most make within the range of $100,000 to 150,000 per year. The saying goes, you make money when you buy , not when you sell . “You don’t have to like the house, just the numbers.” However, it's not quite as simple as that. You also need to sell at the right time in order to maximize your profit. For example, in 2007 w , in 2007 we had a Hyper Market but in 2009 t t in 2009 the housing market plunged. In California prices dropped 40.8%, I d 40.8%, In Ft Lauderdale, Florida houses went from $500,000 t m $500,000 to $208,000 o $208,000 according to Zillow.
Eventually they came back but it took a few years.
I don't care how good you do at buying....
YOU NEED TO SELL WHEN IT IS A S ELL WHEN IT IS A SELLERS MARKE ELLERS MARKET OR BETTER YET A HYPER SELLERS MARKE ELLERS MARKET! I am a strategically licensed real estate agent. I have licenses in Florida, Maryland and Pennsylvania.
Florida to cover the growing retirement market.
Maryland to cover the Washington DC suburbs.
Pennsylvania to cover the Harrisburg Capital and the small college towns like Gettysburg.
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