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To: wtc911
Example; investment properties that service their own debt and are then leveraged to acquire additional investment properties that in turn service their own debt.

Absolutely! I'd be careful about being a landlord, though. Commercial land/buildings are a better bet.

28 posted on 08/01/2004 3:42:08 PM PDT by TheSpottedOwl ("In the Kingdom of the Deluded, the Most Outrageous Liar is King".)
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To: TheSpottedOwl
Example; investment properties that service their own debt and are then leveraged to acquire additional investment properties that in turn service their own debt..........

Absolutely! I'd be careful about being a landlord, though. Commercial land/buildings are a better bet.

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Yeah, I learned my lesson about vetting tenants very early in the game. Now we focus our investment properties around two factors, proximity to a hospital and/or LIRR station. Nurses, techs are a good bet as well as people with solid work in the city. We're looking to expand south now...exploring Jacksonville-Ponte Vedra area condos.

31 posted on 08/01/2004 6:04:23 PM PDT by wtc911 (6 Flags Dancing Guy is Urkel.....wanna bet?)
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