Quote:
Originally Posted by GregWeld
Rentals like houses and apartments are LONG TERM guys --- they tie up your cash -- and have relatively large buy and sell commissions --- so aren't something you can just flip out of. However, they have nice long term capital appreciation - come with some nice taxable incentives - and can spin off great cash flow that generally increases over time. Be prepared for a 7 plus year holding period.
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Umm, got 46 units in San Antonio that I'm thinking of getting out of. Anyone?? Anyone???
