Buying real estate is a serious decision, and investing is an even more serious job. According to New York City-based real estate developer Solly Assa, investing in real estate’s tourism sector can be rewarding if you do your research and properly inquire about the real estate potential for the property of interest. For example, a vacation rental is sure to bring you positive cash flow during high season, and will also diversify your investment portfolio.
Over the last several years, a lot of people have purchased rental properties to earn some direct income and to expand their investments. For many, owning a rental property is a lucrative way to earn money.