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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: Micawber who wrote (22005)7/7/2004 11:19:59 PM
From: David JonesRead Replies (1) | Respond to of 306849
 
Back to discussing commercial property of more rightly CAP rates.
Having not done proper homework but in conversation with those that do, Utah's supposed to have decent CAP rates on commercial types. Or as I've gleamed Grace's Baltimore has decent returns too, on residential?
I'm of the mind it's time to change horses being in Calif. Sell residential 'some or all' and look for that over looked property that can withstand, or not lose as much, a downturn like some feel we maybe heading into. But being prudent investors and faithful readers of SI we're all pre positioned while the dust clears. "aha ya sure )"
If we see a downturn the property to target will be that in line for development but that's a LONG term hold and what one 1031's from will itself be depressed.
For myself property near hospitals and their like has always gave a good feeling, investment wise. Something like 10k people a day? or week? are turning 50 and they/we be get'en older not younger. If they're building a new retirement community someplace, sad to say they're going to need a doctor. Hay funeral homes!

one sick s.o.b