' While growing an island out of a shard from the Fortress of Solitude isn't a viable way to make a profit however, purchasing real estate most certainly is.
Like food and water, shelter is a basic human need and for that reason owning land will always be a good source of income.
To an extent, investing in real estate is something we all do.
As mentioned above, we all need land, and so we will all to a degree we all invest in real estate.
Even for those with no interest in interest however, it's still a good idea to ensure you profit from the profit.
Almost any purchase of land will rise in value over time (except in rare and unfortunate cases of negative equity), but by picking your land and your home wisely it's possible to maximize on this investment.
By choosing areas that are 'up and coming? And by doing work on your purchase to maximize its value, it's possible to kill two birds with one stone? Securing shelter for yourself, your family and your possessions, while making a good profit.
For those with more of an interest in playing the market however, and with more disposable income to play with; it's possible to spread your investment across multiple properties and to multiply your initial investment hundreds of times over.
While many people have been put off investing in properties since the economic crisis, this is actually one of the best possible times to do so?with property values currently so low the only place for them to go is up.
The plus side of a recession, if indeed there are any, is that it's the best time to invest (and this will be good for the economy as a whole too).
Of course this could mean simply buying and selling multiple properties.
You can look for properties in up and coming areas (Australia and Bulgaria are two good locations that spring to mind) and simply buy when values are low and sell when they're high (just like playing the stock market).
However there are also many more creative ways to make profit from real estate, and the more time, effort and money you put in, the more you can expect to get out.
Other options include buying land and building entirely new properties, either by purchasing land on its own, or by buying land with one or more properties and then knocking them down.
Properties needn't necessarily mean homes either and you can just as easily make offices or a variety of more original plans (though you'll have to come up with that yourself).
Alternatively you can simply hire a general contractor, or just a few professionals (or even do it yourself if you're a handy type of person) and improve a property that already exists there.
And then there's the possibility of not selling at all, but of renting instead, which can provide a great flow of steady income.
Renting out a holiday home 50 weeks of the year (saving two for yourself) can be a great way to save money on holidays and to get the property to pay its own mortgage so long as you have the initial lump sum.