The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Juster who wrote (473)	8/29/2001 1:12:43 PM
From: Skeeter Bug	Read Replies (1) of 306849

>>that real estate overall except for a personal residence is not a great investment.<< depends on whether it is an actual investment. your personal home is not quite and "investment." it is a place to live. now, if you rented it... and turned it into a 100% investment... let's say you bought it with 10% down and your renters covered your mortgage and all expenses - except you didn't upgrade the home. you just turned $15k into about $150k profit ($380k-$80k-$150k) - excluding $80k for the upgrades and the initial $150k purchase price. that yields a pretty nice annual return on a 100% estate investment.

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