An Ohio couple found a cheap laundromat on Craigslist. Now they're millionaires.

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man in blue shirt and jeans, Dave menz and his wife, Carla, in blue jeans and a black shirt, stand in laundromat in Ohio
Dave and Carla Menz now own four laundromats in and around Cincinnati, Ohio.

Courtesy of Dave and Carla Menz

Influencers make being a landlord with lots of rental properties seem easy. But a real-estate investor with 482 units warns newbies to not scale up too quickly.

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Vintage apartment buildings in Chicago's Portage Park neighborhood
Mark Ainley, whose company owns and manages nearly 500 apartments in buildings like these in the Chicago area, has words of warning for aspiring landlords.

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The premium Americans are paying for a mortgage versus rent hasn't been this big since the housing bubble peaked 17 years ago

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FREDERIC J. BROWN / Contributor/Getty Images

The 'Airbnbust' proves the Wild West days of online vacation rentals are over

Tech Insider : Economy, Politics, Travel
Airbnb illustration
Short-term rentals like those listed on Airbnb and Vrbo have never been in higher demand — or in greater supply. As the industry grows up, cities can no longer afford to take a hands-off approach.

Arif Qazi / Insider

Get ready: Gen Z is coming for the housing market

Tech Insider : Economy
woman taking a selfie while sitting cross legged on a pile of houses
With technology and know-how that previous generations could have only dreamed of at their age, a growing number of Gen Zers are turning to real-estate investing as an escape from the traditional 9-to-5.

iStock; Marianne Ayala/Insider

Real-estate investors said eliminating a popular tax-avoidance tool would damage the economy

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The corner of an apartment building
Real-estate investors currently use a like-kind exchange, also called a 1031 exchange, to avoid paying taxes on capital gains when they sell a property and quickly reinvest the funds by buying a new one.

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A top real estate economist explains why a housing rebound is coming as rising sales and lack of supply look poised to lift home prices

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FREDERIC J. BROWN / Contributor/Getty Images

A popular tax-avoidance tool that home sellers and real-estate investors have been using for decades is at risk — again

Tech Insider : Economy
real estate
President Joe Biden's proposed 2024 budget includes getting rid of the 1031 exchange, which allows home sellers to postpone paying taxes on capital gains.

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Real-estate investors seized upon a tried-and-true strategy to fix up homes and make money. Then the market turned.

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A man wearing blue pants, a blue top, and work boots checks the alignment of a vertical wood beam with a bubble level. He stands amid an unfinished roof with exposed beams and insulation.
Real-estate investors who embrace the "BRRRR" method buy a home, rehab it, rent it out, refinance it to withdraw cash, and repeat to buy their next property.

Thomas Trutschel/Photothek via Getty Images

Here are the top ways the world's ultra-rich spent their money last year, including pouring $455 billion into commercial real estate

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