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Originally Posted by MJGreene Audio Yeah. Like my friend who bought a fixer upper in Canoga Park by the Ralphs. Paid $205,000 in 93 and now it was appraised for well over $425,000. Guess he's all fixed up now!!!!  |
I have a friend who bought a piece of property in Rhinebeck, NY for $1.25 mil. @ 3.5 year ago. It's just been appraised for @ $18 mil. Another who paid 40k for a lot on the lower east side about 7 years ago, and is selling it for 2.5 mil. now. The sh&t is just CRAZED. We did really well on our last piece, too.
