Investing in cheap US real estate

**james9888** · 04-06-2011, 02:04 PM

I have received some tips about very cheap US real estate. People are willing to sell their homes for a very low price because of the bad economy and odd mortgages some people signed years ago. I was hoping there are a few people here who know a little more than me, obviously nobody can tell what the future will bring us, but is now the right time to invest in some real estate?

Im talking small personal scale by the way. I would buy a house that needs a bit of fixing (this adds value) then rent it out or live in it myself and in a couple years resell it for a higher price. It's a really simple idea that works almost anywhere. If you are a bit handy, you can make $100k - $200k a year fixing up houses in southern Europe and selling them as vacation homes.

**jumpingspidermed** · 04-06-2011, 03:30 PM

It's great that you shared to us those tips to us. That is going to be of great help. Keep it up and thanks.

**vijendrasnv** · 04-07-2011, 11:12 PM

Yes, there are certain places in US that are really good for better investments and these investment are very positive for future also. Real estate is very necessary field and today US is the country where one can put their steps ahead for positive investments.