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Financial Considerations and Investment Strategies
Entering the real estate market involves understanding financial commitments, such as initial investments, ongoing expenses, and potential risks. For investors, strategies like house flipping or buy-and-hold can yield different returns based on market conditions. House flipping involves purchasing properties at a lower price, renovating them, and selling at a profit, while buy-and-hold focuses on long-term rental income3. It's essential to evaluate these options carefully and consider consulting with financial advisors or real estate mentors.