Re: What's REALLY working, now?

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Posted by Robert Campbell on November 05, 2009 at 23:15:47:

In Reply to: What's REALLY working, now? posted by Lewis on November 03, 2009 at 13:47:05:


What's working?

Buying run-down properties, fixing them up, and selling them for a fast and low-risk profit.

In San Diego, we bought a fixer in the hood for $119K, fixed it up for $25K, and have it in escrow for $137,500.

The hard part is finding the deals - duh! - but I'd rather make money via "forced appreciation" in this market instead of counting on market appreciation.

Robert Campbell

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