Chicago Fanatics Message Board
https://mail.chicagofanatics.com/

Properties
https://mail.chicagofanatics.com/viewtopic.php?f=39&t=18717		 Page 1 of 1
Author:  radioray [ Thu Feb 14, 2008 1:23 am ]
Post subject: 
Let's just say there's a condo on the 6th floor of the NBC Tower in Chicago in danger of foreclosing. The current owner misjudged it's marketability and got trapped into a long-term sub-prime, sub-lease. It costs at least $1.5 million a year to maintain but the rental income just isn't there.
Author:  WestmontMike [ Thu Feb 14, 2008 1:22 pm ]
Post subject: 
All of the above (besides losing home, I don't own one).
Always interested in the rehabbing/investing part of real estate but don't have the capital to get it going.
It's not really clear what you're proposing but I guess you wouldn't be in sales if you were clear about everything (that's a joke)...
...but seriously, what type of deal is it you're looking for?
Author:  Frank Coztansa [ Thu Feb 14, 2008 3:12 pm ]
Post subject: 
I'll trade you Marvin Gardens, the B&O Railroad, and Oriental Avenue for Park Place.
Author:  Irish Boy [ Thu Feb 14, 2008 3:20 pm ]
Post subject: 
Frank Coztansa wrote:
I'll trade you Marvin Gardens, the B&O Railroad, and Oriental Avenue for Park Place.


Fuck you!
Author:  Darkside [ Thu Feb 14, 2008 4:22 pm ]
Post subject: 
Nas wrote:
Like I said PM me because it easier to answer questions that way and I won't end up confusing the whole board.


Too Late!
Author:  M_C [ Fri Feb 15, 2008 1:31 pm ]
Post subject: 
Quote:
Let's just say there's a condo on the 6th floor of the NBC Tower in Chicago in danger of foreclosing. The current owner misjudged it's marketability and got trapped into a long-term sub-prime, sub-lease. It costs at least $1.5 million a year to maintain but the rental income just isn't there.


I thought you were taking a jab at Mike North when I first read this.
Page 1 of 1 All times are UTC - 6 hours [ DST ]
Powered by phpBB® Forum Software © phpBB Group
https://www.phpbb.com/