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BTO crash and burns
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Tim in WI
Posted 3/19/2009 06:52 (#649204 - in reply to #649108)
Subject: RE: Mined Soil? BTO..'s and Vampid rumors



Embarrass WI

You make some good points about mining.

My question, and what confuses me, is the statement about being able to pick up 2 parcels at above market and cost average down to profitable levels. As I read that, you plan to lose money on those parcels and average it in with the profits of the lower rent place to end up in the black.

I don't understand why you would take on land with no intention of seeing a profit on it, even if overall you do have profits.

"You see, that's how I think". I think I'd rather do nothing for nothing, than something for nothing.

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