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  #7  
Old 05-05-2004, 12:28 PM
madmax madmax is offline
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Join Date: Aug 2001
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Quote:
Originally posted by moe.ron
Thank you very much KR. I just talked to couple of the people on AIM. We decided that we're better off buying cheaper properties. Same distance from campus, but the cost much cheaper, like $29,000 cheaper.

Why are you better off buying a cheaper property? Just because it is cheaper doesn't mean it is a better deal. You also have to look at the revenue the property produces.

How many tenants would each property hold?
What is the rent at each property?
Are both properties in the same condition?
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