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Purchasing raw land is the riskiest. Real estate is all about timing.
If yours is bad, you may not be able to sell it for enough to break
even for several agonizing years. Most people will then sell out when
the market starts going back up and then watch others make a ton of
money on the property they just sold.
You'll have property taxes and mortgage payments the whole time and
only a small percentage of the tax write off you get with investment
income property.
MD
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Re: Real estate investing for early retirement
