| Re: Saturday Chat 03.20.10 |
Subject: Re: Saturday Chat 03.20.10 by Vetron87 on 2010/3/20 15:22:41 I picked up a house January in South Bend for 87K was originally listed for 162K. Nice house built in 1937. Anyway, good investment now, market will turn around. I did this in the mid 80's when real estate took a dump. South Bend is a slow market area but not dead. This house will appeal to Notre Dame or St.Mary Professors close to campus. I try to do 1 house a year. 2009 project sold in January. Now with retirement I should be able to flip it faster. Tough economy, this was a bank owned house, balance due and back taxes. My wife thinks I'm nuts!! Intimating!! my response was "intimating" remember I teach wood shop in an inner city school setting, served 2 tours in Vietnam and have had those incredible stomach cramps and did not have any touser chilli or hersey squirts until I got home from Home Depot  |
