Real estate is one of the few investments where you can control the outcome. It’s more of a job than an investment. If you are smart with work you do on the property, the rent you charge, the tenants you select, the financing you obtain you can make a killing in real estate. If you mess up one or more of these things within your control you can lose money.

Economic policy wonk by day. Personal finance writer by night. I write about investing, debt, and all things related to money. Editor of Making of a Millionaire

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