[Qwerty]

Originally Posted by Eric Vail

In 2002, I bought a condo for $110,000, it cost me $10,000 for the deposit and closing costs - the rest of the downpayment and mortgage were financed. Over the years I have spent approximately another $10,000 on repairs, vacant months, and making up the difference between the rent collected and my monthly bills. I have invested $20,000 and since then the condo has increased to a value of approximately $260,000 and I owe $90,000 on it. So, my $20,000 which was paid gradually since 2002 has seen a return of $150,000. Investing that same $20,000 in Boardwalk would not give me close to the same return.

You have made nothing unless you have sold it.