Archived from groups: rec.games.video.classic (More info?)
"The Space Boss" <drsmith666@aol.com> wrote in message
news:1127545830.495912.82910@g44g2000cwa.googlegroups.com...
>
> jt august wrote:
> > In article <1127174334.016299.299670@g47g2000cwa.googlegroups.com>,
> > "The Space Boss" <drsmith666@aol.com> wrote:
> >
> > > It is. There are still some deals, though, I just bought a condo for
> > > $61K. VERY RARE, and I got real lucky.
> >
> > I'm not a fan of condos. $61K? How big, one floor, two? How many
> > bedrooms and baths? How big are the remaining rooms?
>
> Hello August, sorry I didn't originally see this message somehow, but
> anyway, the condo is a studio condo, it's about 400+ square feet
> (small), and I bought it as a rental property, so I will rent it out
> for $500/MO. I've already had a lady who was real interested, but they
> don't allow dogs in the building. BTW I spent about $1400 fixing it up,
> and now it's REAL NICE!
Space Boss,
I'm a real estate agent and investor in Ohio. You aren't making any money
on that condo (or any investment property) if you can't rent it out for a
*minimum* of 1% of the purchase price. I like it to be a little higher for
my investments. Just my thoughts. Take them for what they're worth...
Dane.
"The Space Boss" <drsmith666@aol.com> wrote in message
news:1127545830.495912.82910@g44g2000cwa.googlegroups.com...
>
> jt august wrote:
> > In article <1127174334.016299.299670@g47g2000cwa.googlegroups.com>,
> > "The Space Boss" <drsmith666@aol.com> wrote:
> >
> > > It is. There are still some deals, though, I just bought a condo for
> > > $61K. VERY RARE, and I got real lucky.
> >
> > I'm not a fan of condos. $61K? How big, one floor, two? How many
> > bedrooms and baths? How big are the remaining rooms?
>
> Hello August, sorry I didn't originally see this message somehow, but
> anyway, the condo is a studio condo, it's about 400+ square feet
> (small), and I bought it as a rental property, so I will rent it out
> for $500/MO. I've already had a lady who was real interested, but they
> don't allow dogs in the building. BTW I spent about $1400 fixing it up,
> and now it's REAL NICE!
Space Boss,
I'm a real estate agent and investor in Ohio. You aren't making any money
on that condo (or any investment property) if you can't rent it out for a
*minimum* of 1% of the purchase price. I like it to be a little higher for
my investments. Just my thoughts. Take them for what they're worth...
Dane.
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