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01-25-2005

#31

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Join Date: Oct 2002

Posts: 497

Quote:

Originally posted by cd34@Jan 25 2005, 12:44 PM

For now, I'd find a $250k commercial building or duplex and shoot for that 8%. With aggressive deal finding, I do believe you can turn $50k into $7m in 8 years. (Actually, my numbers started with $40k and made the assumption of only a 5% annual appreciation rate) $13m if you believe the current trends in real estate of 10%+ gains per year will continue.

what's it work out to when real estate values depreciate... not appreciate?

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