Telescope overlooking GTA Real Estate

Real Estate Business and Investing

It’s a commonly known cliche within the world of real estate that the secret to success is “location, location, location.” There is a lot of truth to this maxim, but what is physically built at that location is still quite important. If you ever get the chance to invest in real estate and find a property with a great location, chances are that something is already built on it. Fortunately, there are many ways to make money off of real estate that already has something built on it. A very traditional thing to do is to buy low and sell high. Just go surfing through the channels on your television any time of day and you are bound to come across a show or two that focus on people who buy foreclosures and abandoned homes at auctions and then flip them. You can do the same with any…