Some of the best real estate profit opportunities may surprise you. When you find an opportunity that interests and excites you, act on it! Don't let your friends and relatives discourage you. Here are the top five ways to maximize your real estate investments:

1 – YOUR PERSONAL RESIDENCE. Did that surprise you? If you don't already own your own home, what are you waiting for? Home mortgages have never been easier to obtain. Even if you don't have perfect credit, mortgage lenders offer "sub-prime" loans for your situation.  more...

DEAR BOB: I read your articles religiously every week. If I understand your explanation of Internal Revenue Code 121 correctly, can I buy a house or condo, live in it at least 24 months, fix it up to increase its market value, and then sell it for a tax-free profit up to $250,000? If my understanding is correct, why don't individuals make a tax-free business out of buying fixer-upper houses, living in them for 24 months, and then selling at a tax-free profit after repairing them? What is the "catch?"– Roth R.

DEAR ROTH: You understand Internal Revenue Code 121 extremely well.  more...