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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: John Vosilla who wrote (47278)1/18/2006 12:53:10 PM
From: bentwayRead Replies (1) of 306849
 
"Gee how about those starter condos that dropped from $50-60k to $10-20k?"

I bought one of those in Austin, and wished I'd bought three! Sold it seven years later for 3x it's mortgage value, after renting and getting small positive cash flow on it for 5 years - with the same tenant.
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