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

To: tejek who wrote (284360)	10/18/2010 2:06:54 PM
From: Jim McMannis	Read Replies (3) \| Respond to of 306849

RE:"I shouldn't have really commented. I haven't followed FLA market by market that closely in the last ten years". We knew that Ted. We're just being nice.

To: tejek who wrote (284360)	10/18/2010 9:40:41 PM
From: John Vosilla	Read Replies (1) \| Respond to of 306849

Still you can build enormous wealth tax free this next cycle in those low cost areas even if they modestly appreciate just based on cap rates in the teens and record low mortgage rates making you debt free within 12-15 years from just tenants paying off your mortgage. The huge problem is the tenant base relative to the bigger cities. Part of why I think it is much better to invest long term in a place like Tampa or even Atlanta or Houston without even factoring appreciation potential