One Million Dollars: food for thought

[Kracka]

Real estate isn't quite that easy. Like any other market, you can make huge returns, but you can also take huge losses. Is real estate in that certain area growing faster than what the non-homesteaded tax rate will be? What sort of costs are involved in capital improvements to the house in order to sell it for a higher price? The list goes on. "Don't put all your eggs in one basket." I would deffinately have certain real-estate in a large portfolio while being sure not to over-invest. One more thing, real estate prices in many urban and lake-front areas is overvalued right now and will probably drop or at least slow within the next few years.