Real property is immovable. It includes the land, everything that is permanently attached to it, and the rights that "run with" the land. Personal property, on the other hand, is movable.

Real estate investing can be lucrative but it's important to understand the risks. Key risks include bad locations, negative cash flows, high vacancies, and problematic tenants.

Real estate is a form of real property, meaning that it is something you own that is attached to a piece of land. It can be used for residential, commercial or industrial purposes, and typically includes any resources on the land such as water or minerals.

You may have been thinking about a career in real estate for a long time. After all, it's an exciting and rewarding industry that offers excellent income opportunities and flexibility.