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    Would you still buy a 'bargain' in an area with less-than-great potential?

    From what you've described I think 3% growth would involve the Easter clause and the Santa bunny visiting the town at the same time.
  2. E

    Would you still buy a 'bargain' in an area with less-than-great potential?

    you seem to be drunk on the gross promised yield. Net yields on these very low price properties reduces dramatically. stoves, painting, carpet, toilets, hot water systems etc are all the same fixed price and dramatically reduce your net yield on a cheapie. but you've said most of the...
  3. E

    Would you still buy a 'bargain' in an area with less-than-great potential?

    what % is 50k? If I found a place that's market value was 2m and it was priced at 1.950k then, blah! sounds great. Buy into a dyeing town that is more than likely to severely under perform the market in CGs. I don't believe there is such a thing as lots of bargains. Cheap is cheap, not...
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