Experts Weigh In on the Pros and Cons of Real Estate Investing

According to Newsweek, CNBC and other sources, billionaire industrialist Andrew Carnegie once said that 90% of millionaires got their wealth by investing in real estate. That alone should be enough for investors to at least consider real estate. But like any investment, real estate has both its pros and its cons.

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You'll certainly have to do your homework to be a real estate investor, as you'll need to understand a wide range of financial, legal and general real estate terminology. But the rewards can be exceptional. Here's a look at some pros and cons of real estate investing, as described by various professionals in the industry.