An investment property is a piece of real estate that is purchased with the intention of generating income. This can include rental properties, such as apartments or houses, or commercial properties, such as office buildings or retail spaces. Investment properties can be a good source of passive income for property owners, as they can generate income through rental payments or through the appreciation of the property's value. However, investment properties also come with certain risks and responsibilities, such as the need to maintain the property and find tenants. It is important for potential investors to carefully research and evaluate the potential risks and rewards before purchasing an investment property.