She’s a best selling personal finance author and a long time, albeit small time, real estate investor and now she’s pounding the table for real estate.
You can read here comments here, right next to those of comfort food star Rachel Ray.
Ms. Snow could be right, but she could be wrong. There is great potential for tremendous gains and excellent income from the real estate sector, particularly from commercial real estate where the buildings and dollar amounts are bigger, but that potential only exists because of the corresponding great potential for loss.
Money invested in real estate should be considered risk capital. Don’t buy a foreclosed building with the grocery money no matter what Guru tells you it’s a great idea.
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