Inman.com
“Real estate simply isn’t the kind of quick-in, quick-out investment that Wall Street is fond of. It’s a tangible asset that provides solid gains over time and isn’t subject to the kind of volatility that’s common in the stock market.”
Mansell warned that there is inherent risk in speculative home-buying. “If you sell in a short time frame, you may not be able to recoup the transaction costs,” he said. “Real estate investment is not for everyone. It’s true that some people have made fast profits, but it’s not to be expected.
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Article Author: Joshua DorkinJoshua has written 570 articles for us.
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Joshua Dorkin (@jrdorkin) is the founder and CEO of BiggerPockets.Mr. Dorkin's vision for BiggerPockets has helped to propel it into becoming one of the top real estate destinations online. His vision for the site and its future has brought national press attention to both Mr. Dorkin and to BiggerPockets.
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