By Clare Trapasso | Realtor.com
These days, it seems like just about everyone is either getting into the real estate game or wistfully dreaming about it. The popularity of HGTV has made many folks believe they can pocket some serious cash renovating an old home and then reselling or renting it out for sweet, sweet profits. Easy!
But then there’s a pesky little thing we call “reality.” To truly make bank in the housing investment game, you need to pick your markets carefully—especially since profits just about everywhere are being squeezed by high home prices, a shortage of affordable older places for sale, and cutthroat competition from legions of buyers and fellow investors.
