I jusy bought a 5plex. - GoFuckYourself.com

Head · 05-31-2005, 02:47 PM

Mortgage came through yesterday and I signed all the pappers at the lawyers today.
Should make a couple bucks hopefully.

It's been an interesting day.

beemk · 05-31-2005, 02:48 PM

congrats. wheres it at? you going to rent it out or sell it?

Head · 05-31-2005, 02:51 PM

Quote:

Originally Posted by beemk

congrats. wheres it at? you going to rent it out or sell it?

Hamilton, Ontario
Rent it for now. But I'm fixing it up and selling it later.

EZRhino · 05-31-2005, 05:02 PM

Congrats, 4 or 5 plex is gold

Let me know if you plan to do anything in Las Vegas I know a great PM there.

DateDoc · 05-31-2005, 05:09 PM

RE is the way to go still. I keep up on all these articles about when the bubble is going to burst. Best estimation I have found was given by Bob Toll who was quoting a company that researches the RE market. He said the current bubble has been going on for 14 years and is in the 7th inning. That leads to another 4 years of appreciation before the market starts heading south. Hope he is right.

Nubiles · 05-31-2005, 05:12 PM

Whats the cap rate?

Head · 05-31-2005, 07:08 PM

Quote:

Originally Posted by EZRhino

Congrats, 4 or 5 plex is gold

Let me know if you plan to do anything in Las Vegas I know a great PM there.

Funny you should mention Vagas: I have a RE corp their, and we my be looking to by around tht place.

Sosa · 05-31-2005, 07:11 PM

very nice! great investment. Good luck with it.

tranza · 05-31-2005, 07:16 PM

Congrats bro... Any pics??

tony286 · 05-31-2005, 07:27 PM

congrats

05-31-2005, 02:47 PM	#1
Head Confirmed User Join Date: Nov 2003 Location: Starship Enterprise Posts: 8,278	I jusy bought a 5plex. Mortgage came through yesterday and I signed all the pappers at the lawyers today. Should make a couple bucks hopefully. It's been an interesting day. __________________

05-31-2005, 02:48 PM	#2
beemk CLICK HERE Industry Role: Join Date: Jan 2002 Posts: 20,829	congrats. wheres it at? you going to rent it out or sell it? __________________ I host with Vacares

05-31-2005, 05:09 PM	#5
DateDoc Outside looking in. Industry Role: Join Date: Feb 2005 Location: To Hell You Ride Posts: 14,243	RE is the way to go still. I keep up on all these articles about when the bubble is going to burst. Best estimation I have found was given by Bob Toll who was quoting a company that researches the RE market. He said the current bubble has been going on for 14 years and is in the 7th inning. That leads to another 4 years of appreciation before the market starts heading south. Hope he is right. __________________

05-31-2005, 05:12 PM	#6
Nubiles Confirmed User Join Date: Apr 2002 Location: Tempe, AZ Posts: 1,496	Whats the cap rate? __________________ NUBILES.NET : Hosted galleries with thumbs and descriptions \| nn galleries \| Hosted free sites \| 3 new girls shot each week \| Icq 143674274

05-31-2005, 07:16 PM	#9
tranza ICQ: 197-556-237 Join Date: Jun 2003 Location: BRASIL !!! Posts: 57,559	Congrats bro... Any pics?? __________________ I'm just a newbie.

05-31-2005, 05:02 PM	#4
EZRhino Confirmed User Industry Role: Join Date: Jul 2003 Location: couch Posts: 6,258	Congrats, 4 or 5 plex is gold Let me know if you plan to do anything in Las Vegas I know a great PM there.

05-31-2005, 07:11 PM	#8
Sosa In Tushy Land Join Date: Oct 2002 Location: Nebraska Posts: 40,149	very nice! great investment. Good luck with it.

05-31-2005, 07:27 PM	#10
tony286 lurker Industry Role: Join Date: Aug 2002 Location: atlanta Posts: 57,021	congrats