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November 14, 2008 at 2:03 PM #305131November 14, 2008 at 5:23 PM #304778peterbParticipant
From an investment point of view, there seems to be good sales activity in the sub $400K range. This is what I’ve heard from several completely unrelated sources. If this is the case, money could be made flipping in this catagory given your buy price is low enough. But buying and holding has quite a bit more downside risk at this time. IMO.
November 14, 2008 at 5:23 PM #305142peterbParticipantFrom an investment point of view, there seems to be good sales activity in the sub $400K range. This is what I’ve heard from several completely unrelated sources. If this is the case, money could be made flipping in this catagory given your buy price is low enough. But buying and holding has quite a bit more downside risk at this time. IMO.
November 14, 2008 at 5:23 PM #305154peterbParticipantFrom an investment point of view, there seems to be good sales activity in the sub $400K range. This is what I’ve heard from several completely unrelated sources. If this is the case, money could be made flipping in this catagory given your buy price is low enough. But buying and holding has quite a bit more downside risk at this time. IMO.
November 14, 2008 at 5:23 PM #305173peterbParticipantFrom an investment point of view, there seems to be good sales activity in the sub $400K range. This is what I’ve heard from several completely unrelated sources. If this is the case, money could be made flipping in this catagory given your buy price is low enough. But buying and holding has quite a bit more downside risk at this time. IMO.
November 14, 2008 at 5:23 PM #305231peterbParticipantFrom an investment point of view, there seems to be good sales activity in the sub $400K range. This is what I’ve heard from several completely unrelated sources. If this is the case, money could be made flipping in this catagory given your buy price is low enough. But buying and holding has quite a bit more downside risk at this time. IMO.
November 14, 2008 at 6:12 PM #304803NotCrankyParticipantPeterB, Do you specialize in one type of project, or work a variety of situations? You have talked about recent “sold at the peak” experiences. What kind of deals were those. Buy and hold rentals of some type, right?
November 14, 2008 at 6:12 PM #305167NotCrankyParticipantPeterB, Do you specialize in one type of project, or work a variety of situations? You have talked about recent “sold at the peak” experiences. What kind of deals were those. Buy and hold rentals of some type, right?
November 14, 2008 at 6:12 PM #305179NotCrankyParticipantPeterB, Do you specialize in one type of project, or work a variety of situations? You have talked about recent “sold at the peak” experiences. What kind of deals were those. Buy and hold rentals of some type, right?
November 14, 2008 at 6:12 PM #305198NotCrankyParticipantPeterB, Do you specialize in one type of project, or work a variety of situations? You have talked about recent “sold at the peak” experiences. What kind of deals were those. Buy and hold rentals of some type, right?
November 14, 2008 at 6:12 PM #305256NotCrankyParticipantPeterB, Do you specialize in one type of project, or work a variety of situations? You have talked about recent “sold at the peak” experiences. What kind of deals were those. Buy and hold rentals of some type, right?
November 14, 2008 at 9:03 PM #304831peterbParticipantRustico – I’ve done multi-family, SFR’s and condo’s. Mostly higher-end locations and above $700K. I’ve never been much for landlording, but I’ve done a bit of it when the places seemed like they had very good upside if held for more than a year or two.
The low-end of the market has never been my thing, but that looks to be where money is being made right now. This is causing me to take a closer look at the homes in this price level to see if there’s a profit to be made.
What have you been seeing out there?November 14, 2008 at 9:03 PM #305197peterbParticipantRustico – I’ve done multi-family, SFR’s and condo’s. Mostly higher-end locations and above $700K. I’ve never been much for landlording, but I’ve done a bit of it when the places seemed like they had very good upside if held for more than a year or two.
The low-end of the market has never been my thing, but that looks to be where money is being made right now. This is causing me to take a closer look at the homes in this price level to see if there’s a profit to be made.
What have you been seeing out there?November 14, 2008 at 9:03 PM #305209peterbParticipantRustico – I’ve done multi-family, SFR’s and condo’s. Mostly higher-end locations and above $700K. I’ve never been much for landlording, but I’ve done a bit of it when the places seemed like they had very good upside if held for more than a year or two.
The low-end of the market has never been my thing, but that looks to be where money is being made right now. This is causing me to take a closer look at the homes in this price level to see if there’s a profit to be made.
What have you been seeing out there?November 14, 2008 at 9:03 PM #305228peterbParticipantRustico – I’ve done multi-family, SFR’s and condo’s. Mostly higher-end locations and above $700K. I’ve never been much for landlording, but I’ve done a bit of it when the places seemed like they had very good upside if held for more than a year or two.
The low-end of the market has never been my thing, but that looks to be where money is being made right now. This is causing me to take a closer look at the homes in this price level to see if there’s a profit to be made.
What have you been seeing out there? -
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