Buy APT now?

Out of context: Reply #17

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  • Corvo20

    If you really want to buy, at least buy an old place with some charm to it and do some renovation/restoration work, etc. It's the fastest way to add some value to that sort of investment in case you have to call it off.

    I bought an old house for €80.000 back in 2001. Added some €15.000 in repairs. Two years later I had to sell it but managed to come out of that wreck with something like 10k-15k on top after all debts were settled. Not much, but at least I managed to avoid that feeling of complete loss which would otherwise have eaten me up like cancer.

    • Indeed corvo. Sadly, most of apartment in NY is such a bad shape that it wont matter what I buy.
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