$19 dollars a square foot

[Deborah Burian]

Perhaps more in real estate than anywhere else, you really do get what you pay for. It shouldn't come as a surprise that my $19/sf multi-unit, in a decent neighborhood, is the gift that keeps on giving.

When I had the structural engineer look at the properties before buying, he said that we could probably plan on doing most of the structural repairs 'over the next few years.' Well, for one of them, the next few years has arrived and the foundation work starts tomorrow.

You can see the whole story here...

http://www.biggerpockets.com/blogs/3976/blog_posts/29654-foundations---the-sky-really-is-falling

On the bright side, that makes this unit about $23 a square foot so it's still not looking like I overpaid...