Despite news about the recent realestate and financial industry tribulations that the public is seemingly bombarded with every day, the last few months of 2008 provided a relatively quiet, yet dramatic, surge in realestate sales. Rather, investment realestate should be purchased based on the propertys potential for positive cash-flow. Why bother when realestate values will always continue to appreciate, thereby alleviating the need to hold properties for long? Notwithstanding the fact that this occurrence defies the generally accepted investment strategy to buy low and sell high, one cant help but wonder why attending [...]
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