By R.W. Bowlin
Real estate investors regularly hear the adage “money is made on the buy” preached by fellow investors, brokers and experts alike. If so, how does it make sense that market conditions can both simultaneously support the sale of a property and an exchange into a similar property? Logically it seems that either the market supports a sale or a purchase but not both. Simply put, how can you expect to make money trading apples for apples?