Woulda Shoulda Coulda whats some of your best ones in RE

[Jay Hinrichs]

Mine was selling anything I owed in the SF Bay ARea... And there was a developer in San Jose named McQuen who built hundreds of 4 plex's that were converted to condos. they were the style were two are ground units 2 upstairs and 4 car parking underneath in the rear. they were selling for 5900.00 a door in the late 70's and there were loan products were you could buy them with 500.00 down and payments were about 250 a month.. but rent was only 200... So of course who could afford 50 a month in negative cash flow.

Those units today sell right at 300k each and rent for 1200 to 1500 a month... I had one client that owned 80 of them... I shoulda and coulda   bought half a dozen