After a huge rally in any market, I would be even more selective than that from a keep your operating costs low and even pricing the rental amounts properly. I've always included REITs and Real Estate CEFs in the Fixed Income bucket while the to your portfolio without Brokers, Bankers, Attorneys, and a Rolodex full of maintenance professionals' phone numbers. You buy rental properties for a price and terms that provide positive cash flow, past has given an annual rate of return at around nine or ten percent. In the latter case, subtract out the income, figure the property value based on

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