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Subject:  Re: Possible first buy Date:  7/25/2001  5:53 PM
Author:  ttm Number:  594 of 14356

As one who has contemplated leasing commercial property (but never executed) in an arrangement much like pup has been talking about, I'm enjoying this exchange immensely. The contrast between Jim's (relative) risk aversion & resulting high ROI standards and those of a beginner are also illuminating.

I'd have to say one thing: that the vacancy of commercial property in an area of questionable demand can kill you. If there's one thing the action of the stock market should be teaching us, it's that you cannot synthesize demand. You stated there were three other (I assume roughly equivalent) spaces adjacent to the one you have your eyes on. That could be your future if things go in the toilet.

Keep your eyes open.

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