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Surprisingly, no one has discussed the transaction costs of real estate, which takes a large bite out of any potential gains. You don't necessarily come out ah
by Dowwie 8y ago
Surprisingly, no one has discussed the transaction costs of real estate, which takes a large bite out of any potential gains. You don't necessarily come out ahead when you sell, even in a growing market, once commissions and attorney fees are paid.
- thedevil 8y agoI tend to rent despite owning real estate. I tend to move often and only buy real estate if I'm willing to hold it forever. So I buy what I think is a good long term investment and live where I want to live.