Make money when the maket is down

Crassula

Just to share something with someone who is investing in the housing market.
  T( i; c! B% _$ U3 L0 J, M& `9 J$ SBought another condo and rent it with $1300/month. Condo fee
& U) P3 H1 W  c  W) M7 n% Qand loan interest (3 years prime-0.85) total $1100/month. Not too bad.
Also bought a new luxury apartment in China last month with $150,000.
That unit worths $160,000 this month.
Don't talk too much, just do it.

nca

前者对,后者风险大些.

Player99

longlife

原帖由 nca 于 2007-11-30 00:46 发表
前者对,后者风险大些.

' ^9 z) {1 D# f8 |9 \+ s

0 z, I1 F) s  ]# r9 \" o. q为什么呀? 能具体说说吗?

Crassula

I don't want to invest in China either. But $1= 7.75 RMB is hard to resist.
I am not regreted so far even though I cannot catch the $1= 8.10 RMB prime.
Well, it is still the highest ever for my currency exchange history.