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Legacy Archived Main Board Business chat and general industry chat. All participation is welcome. Dont post your fucking spam here. |
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01-25-2014 | #1 |
Brilliant Innoventionalist and writer.
Join Date: Dec 2003
Location: USA, Northern Hemisphere, Terra, 3rd of nine, Sol System, Milky Way Galaxy, Far from Galactic Core
Posts: 2,260
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Re: Eggs In Other Baskets?
small towns guys....apartments.....positive cash flow.
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Eric J. White VirtualSexMachine.com |
02-01-2014 | #2 |
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Join Date: Jul 2005
Posts: 6,165
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Re: Eggs In Other Baskets?
exactly.....I am buying houses with two doors. Down at the heels, decent neighborhoods, fixing them up...instant 30 to 40k equity and positive cash flow after all expenses...management, maintenance, insurance, vacancy possibilities etc. And they are in Edmonton....blue collar oil town, low vacancy rate...and brand new lrt. No land transfer tax. No rental cap. Firm leases. Business friendly governments.
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