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The Complete Idiot's Guide to Real Estate Investing Basics by George G. Sheldon, David J. Decker

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Chapter 1
Why Real Estate Makes Sense
In This Chapter
• Learning why real estate is a worthy investment
• Understanding different types of residential property
• Defining real estate market cycles
• Learning about other real estate types
 
Investing in real estate makes sense in many different ways. There are other investments that make money, but real estate has several unique characteristics. Real estate ownership includes emotional bonds.
 
Real estate investing is not a passive investment. It is not something you can buy and forget. It requires management and constant maintenance. You have to pay attention to the details—from leaks to insurance payments.
 
Real estate experiences different market cycles in response to changing market conditions. ...

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