Quote:
Originally Posted by Foxrus14
How do you like the Ave? One of my buddies just bought a unit in there that was in foreclosure. He picked it up for ~ $280,000... he stole it. already had a tenant living in it so definitely just an investment.
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Mill Ave is great, but I'm 29 and I'm getting a bit too old for the 21-24 year old girls so I'm moving out of here (heading to San diego) in a week.
I had my fun, but it's time to move on.
AZ is still fairly cheap even with low interest rates artificially propping up prices. If your buddy got a place right off Mill Ave for $280k, he probably already has equity.