Contratulations - Posted by Ronald * Starr(in No CA)
Posted by Ronald * Starr(in No CA) on July 09, 2003 at 09:40:57:
Contratulations. That was using your brain for what it was intended–acquiring real estate.
You’re a couple of years ahead of me. I bought my first house when I was 23 and I had three roommates to help pay the mortgage. But then, I paid a lot more for the house than did you–$23,500 as I recall.
I too am a drop-out, graduate school in my case. Now I can pay my bills with rental income. Just goes to show that real estate can be good to you.
I think fondly of Rochester, having lived for a year in Henrietta. And you know what, I think the houses there in the older parts of town were selling for the same prices then that you paid now.
I know that Kodak is having hard times, and I think Xerox is struggling also. How is the economy there? Can you buy mid-level executive’s home for a song and then resell to new folk for a good profit?
Good InvestingRon Starr*****