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Originally Posted by chipj29
Besides, check out the asking price. Have I been able to talk you out of it yet?
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Dang! Last time I saw it for sale, seems like the price was low enough to consider just having some kind of fun with it. At the price they want now, you'd HAVE to tear it down and build something that would make money.
I've missed out on so many good real estate deals by being too cautious. From a train station and land along Rte 11 that they wanted $25K for, but I didn't bite since it only had waterfront rights, no actual waterfront (I would have made money) - to the time I checked out Storeybook Forest when it was up for sale for something I think in the neighborhood of $150K (was never sold, never run again).
You talked me out of it. Right decision.