Investing
The business side of real estate investing is fraught with risk. Unlike purchasing mutual funds or savings bonds, with real estate, you can lose money; this is one of the reasons that seasoned real estate investors caution neophytes never to get too emotional about a property and always be willing to walk away.
Real estate investing is unique in that it's almost as much a career or a way of life as it is a form of investing. Indeed, the fact that real estate is involves so much sweat equity makes it unique among other investments.
We're investing billions of dollars in housing, in home care on the medical side. We're investing billions of dollars in public transit that is not just creating good jobs now but is going to help people get to and from their good jobs in more reliable ways.
The phrase 'change the world' is tossed around Silicon Valley conversations and business plans as freely as talk of 'early-stage investing' and 'beta tests'.
Good, bad or indifferent, if you are not investing in new technology, you are going to be left behind.
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