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Your post dated 8/7/03

For those that are inclined to favor or consider real estate as a vehicle for building net worth, I offer the following.

I'm currently looking at a duplex about 3 miles from where I live.

.... edited for space .....

Maint./Repairs/Reserve: 1.25%/Annum
Improvement Ratio: 80%
Purchase Costs: 3%
Sale Costs: 7%


Could you expound on this term?

Thanks!

Stetson20
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