Thread: Ask a Broker
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Old 02-10-2004, 08:16 AM   #16 (permalink)
bobmsmythe
Crazy
 
Location: NYC
Quote:
Originally posted by Fire
whats your take on real estate- I just bought my first tax sale house last summer- looks good in this state, 2 years to get a clear title, 8% if someone redeems the property, etc- lots a leg work, and many hoops, so what is your opinion?
I don't really do real estate (except for REITs) but generally it's a good investment if you're living there. It gets a lot more complicated as a pure investment property. I'd check out the experiences of others in your state and see how it's gone, and maybe consult an attorney. Really, I guess I'd need to get more details before I could give you much of an opinion on this specific situation.

Bob
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