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Subject:  Re: OT: KISS Date:  8/11/2002  7:58 AM
Author:  CatherineCoy Number:  73460 of 883315

the fact that you made a lot of money in a fairly short time does not mean that you did not take a lot of risk.

Well, just like a stock portfolio, I haven't really made the money yet since I haven't sold them, but wasn't my selection and purchase a lot less risky because I have practically no money in the deal? How do you perceive the risk?

One thing I did know enough to do was make sure the rental market in the area was robust (working class neighborhood). I rented them somewhat below market rates so the phone was ringing off the wall with prospective tenants.

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