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A property purchased with the intention to make a return on investment in the form of either rent or capital gain.

Agreed. An investment property is a property one uses for wealth purposes.

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An investment property can be a long-term endeavor, such as an apartment building, or an intended short-term investment in the case of flipping (where a property is bought, remodeled or renovated, and sold at a profit).

Depending on what your goals are, you may want to sit down and make a long or short-term plan and make sure that you factor in all of the possible risks!

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9y ago

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