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Real Estate Investment: A Long-Term Strategy
If you're considering a more strategic approach to turning your home into cash, real estate investment could be the answer. Renting out part of your home or investing in additional properties can generate a steady income stream. This option requires more involvement and risk but can yield substantial returns over time.
The Urban Land Institute anticipates that residential real estate will continue to be a strong investment, with annual returns projected to be around 6% through 20234.