Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 Post-Crash Index-Moderated -- Ignore unavailable to you. Want to Upgrade?

To: Mike Johnston who wrote (45854)	10/18/2011 11:21:33 AM
From: bentway	1 Recommendation Respond to of 119361

I'd say, roughly $350k, mostly tax free, counting the profits from all my residences. I also sold a condo in Austin, Texas for three times IT'S mortgage value (also bought during a local slump for next to nothing). Just taking advantage of what I see. As everyone on this thread has (except for McMannis). Read the thread title! But, those days are well behind us. We're all looking for the next thing. To me, currently, it looks like becoming a landlord. I can buy and rent local properties for well above their PITI. It so hard for people to get loans, many are forced to rent, here locally. Local rentals rarely last a day.