Daniel Bretzke

There is a investment vs. profit curve, that is useful when considering an choice in investments. The bottom of the curve is raw land the top of the curve is developed income producing property. On both ends of the curve, the amount of profit you will make is less than in the middle of the curve where you are permitting, developing or remodeling. Of course the middle part of the curve is the most risky. Some markets are risky other are not, but more importantly it is the type of investment, not the market. Some investments needs a lot of work and effort on your part, others don't Take a look at what you like to do, and list the things you don't want to do. Do you want to collect rent from tenants who don't pay? Do you want to pursue high end renters who are very particular about the place they rent, and who move every year? Do you like dealing with government agencies to get permits? Do you like selling and promoting. Find the area of real estate that you like and stick with it. - Tue Oct 27 2009, 01:04