Do you think you could come by my house to take a look at my TV?

Reduce gov't waste, legalize drugs, and make sure those who are receiving welfare are not using it to pay for cable TV, cigarettes, and iphones.

For example, many people view Apple as a "safe" investment at the current price, but it was risky at $14 a share.

I Love to answer questions about local properties, I pride myself in knowing whos got what, where, and for how much, in my area, and any other information that would give a seller, or a buyer their best possible chance at owning a little piece of that Apple Pie Dream we all have.

Not an Apples to Apples comparison, but gutters, whatever the price, buys you piece of mind if you plan to hold onto the property.

The thought of comparing real estate to a stock portfolio is apples and oranges, in RE that "equity" is preceived to be higher but in reality it's at your cost less depreciation and the only way to get money out of the walls is to refinance it or sell it.

I'm referring to the beer can house that was featured on national TV about a year ago. http://www.beercanhouse.org/about.phpI wish it were the same story just down the road in Jefferson County.Best of luck!

I see those TV flippers say "these $5000 cabinets will raise my value up $10k".

Peter, as others stated, an NOO loan will likely be higher than the figures you quoted, plus, in order for investors to compare apples to apples, we use the entire purchase price and assume the loan would be taken out for that amount.

Too me all I could think of when those auctions are on tv, is Vegas at the craps table.