If you want to make stable income,then real estate is a yes yes.Before one dives into real estate, one needs to know that timing is a crucial element in real estate transaction.
The biggest advantage of making money in real estate is that most of the dealings is for the longer term,and investment in a hurry does not work effectively in this market.
If you want to make money in real estate, patience and timing is very crucial.
Don't wait for prices to go up before you buy the real estate of your choice.Take a thorough research of the real estate market and pay attention to buying price.Go for the cheapest bargain and wait for the price to go up.
Always target selling at a higher rate in order to make some profit.
Another way of making money is to lease out your your property or put it up for rent.
There are also other ways of making money in real estate e.g renting out your properties in parts.Renting out a whole duplex to one family will be less expensive that dividing the building and letting it out to to or three different families.
Real estate is a good thing to dive into but you need to turn to people that are already into it for tips and advice and you can also read books on how to make money from real estate.
Doing some research is crucial