What I Wish I'd Known Before I Started Investing

[Wendy Black]

Taking exit strategies into account...

Our downpayment on a buy-and-hold OC condo 4 years ago was over $200k.  We owe a little over $100k on it.  Its value has increased by at least $100k since we bought it, but if we were to sell it and not do a 1031, we'd only get something like $80k back after taxes and commission.  

As much as I love real property, I would've leaned toward investing in notes.