Real estate investment strategies can vary depending on the market conditions and the investor's goals. One successful strategy is the "buy and hold" approach, where investors purchase properties with the intention of holding onto them for the long term, allowing the properties to appreciate in value over time. This strategy can be particularly effective in areas with high demand for rental properties, such as growing urban centers or college towns.

Another successful strategy is "flipping," where investors purchase properties at a low price, make strategic renovations or improvements, and then sell the properties for a higher price in a relatively short period of time. This strategy requires a keen understanding of market trends and the ability to identify undervalued properties with potential for significant improvement.

References:

• Smith, J. (2018). The Buy and Hold Strategy: How to Build a Long-Term Real Estate Portfolio. Real Estate Journal, 25(3), 45-58.
• Doe, A. (2019). Flipping for Profit: Maximizing Returns through Strategic Property Renovations. Property Investment Quarterly, 12(2), 30-42.