Make Money in Real Estate?

This article on CNN talks about a couple buying Rental Real Estate properties on the Texas Gulf Coast. Can you make a lot of money in Real Estate as a landlord? Yes, you can. But it is not easy money, nor is it free. You need to work hard, have a little intelligence, and a little luck. And yes, in the present market and for the next few years, we should see some Bargain Properties come on the market. Why do I say this? Because I saw the same thing happen between 1989 and 1998. In 1989, we had a Real Estate meltdown - housing prices plummeted after several years of double-digit increases. Then a number of savings and loans went insolvent. Many "little people" lost a lot of money, and there was a call for tighter regulation of both the housing and banking industries.

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