'meeting' by: Cybergabi
Yesterday, Ian and I were meeting with a friend who used to build homes. He was looking at an investment home in North Reno valued at $160,000--2,130 sq. ft. when he said " I could never build a home for $75 per Square Foot ($160,000 / 2,130 = $75.12 per sq. ft!!)
Here are some homes that I think are examples of great opportunities that are the result of our market going down for the last three and half years.
Homes that I think are once-in-a-lifetime investment opportunities to live in or to rent out (for cashflow).
(Click address to see pictures and full information)
1. 5218 Echo--$53,000--$44.13 Price / Sq. Ft.
*MORTGAGE PAYMENT: $352.61
2. 2375 Trident Way--$74,900--$38.18 Price / Sq. Ft.
*MORTGAGE PAYMENT: $498.98
3. 9299 Running Dog Circle--$94,900--$77.41 Price / Sq. Ft.
*MORTGAGE PAYMENT: $698.57
4. 2227 Rizzo Drive--$134,900--$70.93 Price / Sq. Ft.
*MORTGAGE PAYMENT: $898.16
*Estimate
** if you are interested Call Joe ASAP (homes at this price range are usually gone after 3-5 days). Joe Salcedo 775-338-7653 / jsalcedo@chaseinternational.com
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