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Old 06-30-2005, 12:29 AM   #1795
Hank Chinaski
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Quote:
Originally posted by Penske_Account
I have a line on the first, cheap property that for a variety of specific reasons will appreciate well beyond the market for the next 5 years no matter what I do.

I have a sort of line on a combo of 2-3. Awesome commercial property. Next door to recently rehabbed commercial district that is now trendy. This is the next block that will go but it is still priced with a premium to be realized.

I have considered residential on the first cheap property, but I could always hold and just make 20% a year on my money.
Have you asked the French and Germans what they think?
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