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Old 03-09-2007, 09:31 PM  
myboringlife
Confirmed User
 
Join Date: Aug 2005
Location: Arizona
Posts: 196
depends on the house
you gotta make sure you get an inspection before you buy
money put into bathrooms and kitchens is always a great return
if you hold it for a few years and dont have to pay capital gains taxes
real estate can be a great investment

my neighbor bought their house for $200k and a few years later it was worth $450k
that was with no improvements

it just depends on the market and your location
everything is kinda dead right now
it'll probably pick back up in about a year
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