Quote:
Originally posted by Chocaholic
Again, it's not just a typical vacant residential lot...it's lakefront property on a large, nice recreational lake (fishing, boating, skiing, etc.).
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And the first type of property that is liquidated when things get tough.
2 yrs of speculation...risky, but potentially profitable.
Buy and hold for a decade or two...not a bad proposition with very good opportunity for reasonable profit.