Real estate investing involves purchasing properties to generate income or profit. Investors can buy residential homes, commercial buildings, or land, aiming to either rent them out or sell them at a higher price later. This type of investment can provide a steady cash flow and potential tax benefits, making it an attractive option for many. There are various strategies in real estate investing, such as buy-and-hold, flipping, and real estate investment trusts (REITs). Each approach has its own risks and rewards, and investors often choose based on their financial goals, market conditions, and personal preferences. Understanding the local market is crucial for success.