Thread: Cheap investment properties
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Old 05-16-2008, 02:09 PM
johne johne is offline
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Quote:
Originally Posted by leeanna View Post
I donīt like to waste my time,but if you are serious,you could build 6 apartments for that same one hundred gran and rent the six for about 300 each.Of course you would need to buy a piece of land.You could build on about 500 mts. which in the PC area, I could help you get one at around 60 dollars a metro.So with about US $130,000.00 investment you could bring $US1800.00 a month.Despite what people are saying, there is a big demand for these kind of apartments here!
In today's world of foreclosures one can duplicate that return on investment in a first world country. Also a lot easier on the learning curve of real estate laws, lanquage, culture and needs (of the renter). Not necessary to have such an exotic investment such as this unless I'm missing something here. If I am-I would welcome the information.
JOHN
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