LINC - Plenum Communications (was PLNM) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : LINC - Plenum Communications (was PLNM)

LINC 24.83

+0.2%

Dec 26 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: TokyoMex who wrote (103)	5/17/1998 6:29:00 PM
From: ztect	Read Replies (1) of 837

Well...Tokyo...Maybe they should get a buyer's broker instead..... I bought one of my properties through my Buyer's Broker...a residential property for $103,000.00 even though it was appraised at $170,000.00 I made $30,000.00 worth of improvements and had the property reappraised for $210,000.00 . I refinanced at this amount, and cashed out at 75% at 6.35% and cleared $45,000.00 TAX FREE. The property qualified for a residential rate because I lived there for three months prior to the REFI (plus two months after) and the property was less than five units. Since the property is a 4 unit apartment building and grossing $45,000.00 a year or netting nearly 80% return after deducting mortgage payments, taxes et cetera, maybe you should consider finding a BUYER'S Broker and investing some of your money in some hard assets. Especially since a lot of the time you appear to have no idea what you are talking about, such a strategy may be a prudent investment for you. ztect btw- Would they put a d*** automatic spell check on this thing already...too lazy to cut and paste from another APP or correct my spelling.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next