Quote:
Originally posted by Coatsy
Alex could you give me a little more insight on the 'hidden' costs with investing in real estate ?
Some great info in this thread 
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Lets take the example earlier mentioned and say you purchased a $200,000 residential property with a $40,000 cash down and and resold at $280,000 a few years later. What alot of people will tell you is that they made a 100% return on their investment (ROI).
But they tend forget the commission they paid for selling the property, the interest paid on the mortgage, the property taxes, insurance, maintenance and repairs, closing costs, etc.
In the long term, stocks beat real estate. But people prefer real estate because they can see it , touch it and have more direct control over it...
