If I built what my architects wanted to build, I would break even because they all want to build palaces in markets that won't support what they are designing.

I bought a Mayan Palace timeshare and it was one of the worst financial mistakes I ever made.

No Section 8 or 2500 sqr ft palaces. 6- Long-term appreciation is a key factor.7- Not a necessity, but I tend to like houses on decent plots of land in suburbs.

My coach called me "Pharoh", the title originates in the term ‘’pr-aa’’ which means ‘’great house’’ and describes the royal palace.

I went into mine wanting to make a starter home look like a palace.

It will be a palace sitting on top of a hill overlooking the city.

With so many baby boomers retiring and the "governor" on mortgage lending, I predict a good appreciation pace for 7 to 10 yrs.Then, when you see advertising for...100%, 80/20 Hybrid pay option arms with a 650 score and no job....jump off the train and sell all properties, cash out of mutual funds and go rent a freakin palace for 5 yrs, because we'll be headed over a cliff again!

Originally posted by @Roxie Kim: It's only risk-free if you are 100% sure you will keep it till maturity.

Hunters Point  the one over by the cow palace, the one were OJ simpson grew up.. probably about 20 of them most in prime locations.. and all turned into mini ghettos.they now for the most part have all been torn down and repositioned.maybe if Portland wants to create housing for low income they simply need to do the same. the CITY needs to build it and provide it and run it.. why force it on private enterprise.. private enterprise just leaves the market..

Hi @Adam Palace: It might be too late, but often times you want the current tenants to sign something called an Estoppel Certificate.