buying property in Florida or Arizona

[Anonymous]

has anyone done this as an investment?
prices are low in these places.

thoughts?

[Anonymous]

Anonymous wrote:has anyone done this as an investment?
prices are low in these places.

thoughts?

not low anymore.

[Anonymous]

I have one in Florida. Biggest mistake ever. Prices are up about 100% from the bottom. Real estate taxes are very expensive as well.

[Anonymous]

Anonymous wrote:I have one in Florida. Biggest mistake ever. Prices are up about 100% from the bottom. Real estate taxes are very expensive as well.

If you have doubled your money, why do you consider it a big mistake? Where in Florida is it? What type of property?

[Anonymous]

Did she say she bought at the bottom?

[Anonymous]

A lousy, illiquid investment.