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To: ANANT who wrote (18894)	4/5/1998 3:47:00 AM
From: Sonki	Read Replies (1) \| Respond to of 27012

MO / telco/ realEstate in CAlif. 1>thx. for the great info on MO. My stomach does not like smoking atleast this weekend. Maybe next week, i change my mind. 2> telco.doc could not read. could you please resend to sonki1@yahoo.com? if it is few pages u can fax it at home fax 3> Mt. View realestate browsing. 2 blocks from my house on a busy street, 3/2.5 (1750 sqft) 550k PUD (town home but detached) 00 tile roof. 2/2.5 1000+sq ft. 319k these are attached each unit 3 story ) built on top of the gararge. Compostion Roof. i m in a sticker shock. may be i should wipe everything off my lot? part of sez u got to do this once. Show this builders a woman can build. ok. also bumped into an old friend. has a lot little smaller then mine. permit to build 4 units.700k-750k asking price. @700k/4=175 per lot. lets say u build 1750sq*$70=122k for building. or lets say i don't know what i m doing therefor endup paying $100/ft to build (including fees etc) comes 175k for the building. 175k lot + 175k building=350k cost . sell price 550k. Four units profit is $800k. more then 100% roi even if one pays cash for the lot. ----------------------------------- usually one would not put down 100% for the lot. all numbers conservative so lots of room to make mistake. still in a sticker shock. following shows some pretty pictures of townhomes. lgrealestate.com click on hew homes on the left hand side. click on mt.View from 550k will give u details. ok now, click on income prop. see the forrest HIlls? click on 14 units bulk. yep. that's it.