So how much can be really made by investing in real estate, Im looking for an estimate and not really an accurate number
The word that guides profit margins in Real Estates is location location location. I believe China is booming these days, so you may be in the right location , all you need is a property in a high demand area for a cheap price and the margins can be anything in your wildest dreams.
If you were buying in say Melbourne Australia i would say , forget it the horse has bolted and prices may well slump by the time you turn the house around. But again location drives price and demand.
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Apr 07, 2008, 01:23:51 AM
