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To: rnsmth who wrote (140881)	9/15/2012 9:04:00 PM
From: Doren	1 Recommendation Read Replies (1) \| Respond to of 213176

I'm probably not as big an investor as you. Its all about taxes. Buy, live in it, remodel it, sell it, no taxes under a certain limit if you reinvest. No tenants. A roomie maybe but only if they bring good stuff to the table.

To: rnsmth who wrote (140881)	9/16/2012 4:17:15 AM
From: Road Walker	Read Replies (2) \| Respond to of 213176

Since Jan, 2009 we are up 1,837% on, primarily, AAPL LEAPS and calls. I said the best investment right now, not in Jan 2009. But you are right, RE is a pain.

To: rnsmth who wrote (140881)	9/16/2012 6:10:39 PM
From: Edward Boghosian	Read Replies (1) \| Respond to of 213176

msmth: Many fortunes were made starting with real estate. Like anything else, it requires work and angst. If commercial, hope the tenants stay in business. If residential, hope they pay the rent and on time. But, that's the way it goes with real estate. The assumption being that it will appreciate and the rent will more then pay the mortgage. Oh yes, then there's the depreciation write off etc., etc. But one cannot say that about stocks. Although you're 366% ahead, if you did not have Apple or if Apple has not become such a winner where would you be like everyone else who owns Apple whether it be stocks outright or options. Real estate is the start of great fortunes. I would put it ahead of stocks although I have Apple.