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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: John Vosilla who wrote (57580)	4/6/2006 2:21:04 AM
From: shades	Respond to of 110194

Find an area in the heartland with new mini McMansions below median price points for the area that has new age bells and whistles like granite countertops selling at prices way below what a builder can built whose economies are fairly strong, diversified and growing. Leverage with low fixed rate, keep em rented and hold for 15 years. What great advice Vosilla - that takes time, thought, effort and work - silly guy - much easier to walk over to a coin shop and buy some shiny metal and sing zippity do dah at all the riches and wealth coming our way! My oh my what a beautiful day! images.google.com If current tax strategies don't hold, I wonder if perhaps the COMMONS will come after us LORDS like they did in 1911 England. You know king GEORGE helped them out back then - did a heckuva job. HAHA! I mean my redneck buddies gonna want those politicos to tax the hell out of those richie guys across the tracks this next election I think. They get tired of cutting the grass in those nice mcmansion developments while they go back to trailers with ARM's that are resetting. Even the rich here on SI getting envious of those goldman sachs bonuses and wanting some of the cut no? What fun will real estate be without all those deductions? I still hold a few cash flowing properties - worthless as cash is - diversification keeps the boogie man away! haha You know homeowners insurance is about 3500 in fla for the median house around me - if you are a landLORD however it is only 1500 - make me understand why? a 250K house is a 250K house right? hehe