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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: X Y Zebra who wrote (21892)7/1/2004 3:57:48 PM
From: David JonesRead Replies (1) of 306849
 
Thank you for your input and the link. I though of adding to my reply that I was looking at commercial buildings. And I've considered going out of area, even state, sense I already have a residence in Oklahoma. Which is held by a relative other wise I wouldn't hold it sense I like to keep a eye on my property personally.
I was involved in commercial open yard space property during the nineties. Rents took a haircut of around 30-40% but it finally paid off in equity. The experience left me with some hesitation sense my residential property didn't see a rise in rent during that period it also didn't decline.
I switched brokers a couple years ago and the broker I have now has became ill and can not continue actively so I'm a bit adrift with what's available. Some po-po brokers but for myself I have found them profitable. Those I work with can be considered in the top 10%. The past two I used I've known for many years. Luckily I have a couple more of the like that I can trust. All have been in the bis for many years and have repeat clients going way back so one occasionally has an opportunity for something that's not been on market for sometime. But none are specialist in commercial alone but they do know those old timers and come across listings that one needs to move on with haste.
I'm going to have to get on the horn and do some looking. I have a couple of ideas and my brother is wanting another condo in Hawaii. Nice place but it ought to be for 600k.
Lastly if I can role it into commercial I know I don't want anymore wood structures if I can help it.
have a day
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