I agree with Mike. Holding title is what makes being a landlord so very profitable in the long run. There are many business that you can make a nice annual income, just like in LLing. But most of them do not give you the huge capital gain over time that is common in RE investing.
Posted by Jay(OR) on October 08, 2004 at 17:47:20:
Hello, there is a car wash for sale in my town. Business only. 5 self cleaning bays. 1 drive-thru wash. 1 shop area for detail shop. 3 vaccuum bays. Asking price is $30,000. What are your first impressions?