Investment in real estate is much like the stock market and many other investments, there are no guarantees of return. If you have had the privilege of making any investments lately you know there are a plethora of disclosures to read and sign. They all make you aware of the fact that you are making the decision to buy and/or invest on the basis of your own free will, no one encouraged you to invest and that no one is standing over you with an axe in hand.
Some stocks do well and some are a nightmare; the old “you win some and you lose some”. For some of us the losing was pretty painful. The upside to real estate, at least in our area, is that there has been little downside. True, if you overpaid you may get beat up. While there are no guarantees with real estate you at least get to enjoy living in it, walking on it or at the very least you get to look at it. I can’t say that I spend much time doing the same with my meager stock portfolio. Your thoughts?
Have a great weekend, I am traveling to warm North Dakota and western Minnesota to visit family. The national holiday is coming soon to northern Wisconsin…..the pursuit of the elusive 30-point buck!
Enjoy, Life Is Good!
Gary A.
