[quote=sdrealtor]There you go again. One sentence the value is cash flow/cost of ownership and the next sentence it is some underlying mystery value of the property and the area it sits in. You were right the first time. The true value of an asset is the discounted cash flow it generates…[/quote]
I’m sure you must realize that each of those “sentences” refers to a different type of investment :D. Let’s review them briefly, here. One “sentence” refers to purchasing lower-priced older SFR’s as investment property located in what the average Pigg would call a “working-class” area. The other “sentence” refers to a mid-priced or higher-priced SFR that one would purchase for they and their families to live in for a period of years and possibly sell at the time of retirement or “retire” in.
Practically speaking, these two types of “investments” are two completely different animals.
