SI
SI
discoversearch

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


To: Mike Johnston who wrote (31287)5/15/2005 11:36:52 PM
From: JBTFDRespond to of 306849
 
With the Legrand style investing a large part of the loss is the seller's. I watched one of his video tape series (which I got at a garage sale for free and sold on Ebay for $500). His basic strategy is to buy for 70% of what the market value of the home is. If it needs work, you figure out the cost of the work and subtract that from the 70%.