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Old 12-27-2007, 04:28 PM  
WiredGuy
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Join Date: Aug 2002
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Posts: 34,500
5% ROI is shit, you can get that rate from GIC's and its guaranteed. I did research condo hotels for quite some bit and for the most part, it seems to be a good idea in high vacation spots like Vegas, or Miami Beach, etc. Either way, unless you can do 7% or more, I wouldn't do it.
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