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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Joshua DorkinJoshua has written 539 articles for us.
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BiggerPockets.com was founded by Joshua Reed Dorkin in August 2004. An entrepreneur, web designer, real estate investor, and one-time realtor, Joshua was not satisfied by the online offerings of other real estate sites out there, and decided to build one himself. 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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