Real Estate Investing: How You Can Profit Now

Real Estate Investing: How You Can Profit Now

Billionaire entrepreneur Andrew Carnegie has long been famously quoted as saying that “90% of all millionaires became so through owning real estate,” but is that still true today? At the very least, the perception that real estate makes people wealthy continues. In fact, a2023 Gallup poll found that Americans continue to see real estate as the best long-term investment, just as they have over the last several years.

For many Americans, investing in real estate is as simple as purchasing their own home. According to the U.S. Census Bureau’s 2021 Survey of Income and Program Participation, 28.5% of the typical American’s net worth is in home equity.

Subscribe to Kiplinger’s Personal Finance

Be a smarter, better informed investor.

Save up to 74%

Sign up for Kiplinger’s Free E-Newsletters

Profit and prosper with the best of expert advice on investing, taxes, retirement, personal finance and more – straight to your e-mail.

Profit and prosper with the best of expert advice – straight to your e-mail.