What are some niches in real estate where I can make alot of money?

Buy cheap land in the middle of nowhere.

Dig a water well & install a hand pump.

Build some gravel roads thru it that a camper can drive on.

Lease out lots as "doomsday lots"...A bug out location (with water) you can drive your winebago to and stay for the end of the world.

I'll bet you could charge quite a bit per year!

Advertising foreclosures as a real estate agent?

Good idea lol

What would you pay for a one year lease for a bug-out location you could drive your winibago to?

How many lots could you squeeze onto the property?

Develop china export farming land into trump cult deprogramming and suicide prevention facilities.

Now, would be a good time to sell the properties you bought in 2010-11. During the last crash.

If you have capital, I would suggest saving it and investing in the next bottom. Therefore the real question is, what is at bottom right now.

Keep it simple. Buy low, sell high. Real estate is still going up, but the downside risk looks substantial in my market. Debt is slavery. If you have any, pay it off. Just my opinion.

Good luck.

SPECIAL NEEDS.

THE NUMBER OF PEOPLE ON DISABILITY IN THE US HAS QUADRUPLED IN THE LAST 20 YEARS. THE PROGRAMS AND LEGAL REQUIREMENTS AS IT RELATES TO DISABLED AMERICANS HAVE MORE THAN DOUBLED IN THE SAME TIME.

MONEY IS GUARANTEED.

RETROFITTING RENTALS TO COMPLY WITH ADA LAWS IS THE FASTEST GROWING SEGMENT OF THE REMODELING INDUSTRY AND HAS ONE OF THE HIGHEST PROFIT MARGINS.

BECOMING A SPECIALIST IN FINDING AND MATCHING DISABLED RENTERS AND BUYERS WITH BOTH LANDLORDS AND SELLERS AS WELL AS ACTING AS A GO BETWEEN FOR CONTRACTORS AND PROPERTY OWNERS/MANAGERS WOULD BE A NO-BRAINER.

TOSS ME A BONE WHEN YOU MAKE YOUR FIRST MILLION.

Great advice. In ATL I see the the peak in the next 2-4 years. Currently selling off the dogs as the current tenants move out. Best to leave a little on the table and sell on the upswing to save for the next bottom.

When do you think the next bottom will be?

Where are you?

My husband and I are retired and own 2 rental homes and an apartment building. We have continued to upgrade our properties and they are in very good locations. I asked my husband what his opinion was to OP's original question and this is what he says:

"Find a state that is growing in population. Buy land in an area where two dirt roads cross. Wait until they get paved. Sell one-quarter off. Build a strip mall on the other corner and a convenience store on the third corner. Sit back and
let it happen."

Texas

That sounds like a good idea

Damn that's a hard one to call. I'm focused on the Southeast. There has been a mass exodus from Cali and New York to your state. The bottom will come there much later than the rest of the country. If it were me I would focus on townhouses near city centers and expect 10 years before a real decrease on values. Stay away from older development and section 8 property. Watch the panhandle of Florida. Lots of profit to be made there in the next few years.

I think the next bottom is impossible to call. All markets are controlled, as far as I am concerned we have been in economic\social Bizzarroland since 2008. It's the new normal. Natural market swing cycles have been destroyed. IT should have happened. But was not allowed to.

I think we are in the final burn stage of the currency. Nobody's going to be paying anyone back on the global stage. Print until the wheels come off. When is that going to happen? Who knows? I do wonder if that is one of the reasons Trump is in office, to manage a reset?

In the meantime, people are making money every day.

The special needs housing market is a great call and is a multifaceted industry. As mentioned, a facilitator would require virtually no investment, in comparison to, or in in conjunction with facilities. Conversion of condos or appartment, especially if you already own them.

There is also a similar market with seniors having various levels of care from assisted living to dimensia. Physical housing units, management, caregivers... Both of those demographics are in a huge bubble and perhaps autistics will fill the gap of the boomers as they decline in numbers.

Some states that are "growing" have a shit ton of dirt roads that will still be dirt roads 50-100 years from now, so you better have a lot of patience. Geography alone can dictate direction of growth, especially here in the west.

That's funny. I heard "crack" houses make good money?

Why the panhandle of florida?

I've had 100's over the years (tenants) but none that I knew were gay.

In my retail business, the gay customers (custom furniture) - the most drama, complaints, mind changing, and idiocy came from gay men. Lesbians were seemingly easier to deal with.

That's really good advice. I would be skeptical as a career landlord, but it's true they always improve properties they live in.

It's the over the top drama that would worry me. The bipolar meltdown stories I've heard from other landlords.
eg, you can't get a plumber for 2 days to replace some taps and they're calling you 10 x a day.