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


To: patron_anejo_por_favor who wrote (91291)10/3/2007 4:55:09 PM
From: TradeliteRead Replies (1) | Respond to of 306849
 
Could you kindly pull up the post by me that you are referring to, and include the context? Thanks. I recall recounting on this board the sale of land in areas other than my own which proved to be BAD investments for the original investors, so I'm wondering where the blanket statement came from that I think all real estate is a good investment.

I have mentioned a few that I had to sell (due to inheritance) years ago which were definitely NOT good investments for the investors in terms of appreciation--and are even worse now, since hurricanes in the Gulf region. Thankfully, that junk land was sold a long time before it got creamed by nature.

Don't leave the location/location/location thing out of the equation. Few people NEED or WANT real estate in bad locations. Fact of life, ya know what I mean?



To: patron_anejo_por_favor who wrote (91291)10/3/2007 6:29:32 PM
From: Jim McMannisRespond to of 306849
 
"Forgive him, it was the NAR-implanted chip in his brain that made him say that....."

In the words of crocodile dundee, I think he's a she.