Max is location impaired.

--
"j" ganz @@
www.sailnow.com

"Capt. Rob" wrote in message
oups.com...
Really? Show me--and I won't take your opinion for fact. I'd like to
see
some hard evidence.


You must be joking. We bought in on a 4 way for a 6 unit building in
Brooklyn 6 years ago. Our investment on that was only 50K cash. The
property was sold last year for 20 times what we paid, plus a nice tax
benefit for restoring a 90 year old building. So in 6 years we did far
better than if we'd used that same money to buy a boat outright,
assuming we could have only done one. There are many deals like that in
real estate. It makes little sense to pay in full for something you
won't keep for a long long time...such as a boat.

RB
35s5
NY