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Strategies & Market Trends : Real Estate home/investment

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To: David Jones who wrote (9)	9/25/1998 8:14:00 PM
From: jjs_ynot	Read Replies (1) of 73

David, A little background: I am from the Northeast (Philadelphia area). I have held a salespersons license in 3 states. I was in the construction business at one time but the pressure and cash flow issues were just too much of a pain. I have dabbled in RE a little, but not as much as you. I have observed ups and downs in various areas over the years (Houston, Boston,etc.). If I had bought when I observed blood in the streets in these and many other areas, I would be a mutli-millionare. Instead, I am just a working engineer, who invests on the side. A friend of the family started doing small rehabs in upstate New York and now owns 114 units and is worth 4 or 5 million. I have found Real Estate fascinating since I was a kid in upstate Pa. The demographic connections are clear to me but seem to be ignored to many. I hope that we can develop a forum for a range of discussion. Dave

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