Posted by Marc NJ on May 10, 2003 at 18:27:50:
I do invest in a casino area , Atlantic City. I do not notice a difference in this area or the next. I own a few rentals in the area and they cash flow great. There are a lot of working class people looking to rent near their work. So if your looking to buy and hold, its possible that this is a good investment. On the other hand if your looking to flip, I dont see where it would matter, if there’s a deal there, there should be investors willing to purchase it from you.
Make sure that there is equity, pull the comps and market the property like you would anywhere else.
Good luck,
Marc NJ
foxwood casino area cashout deal…50% below FMV - Posted by clair
Posted by clair on May 10, 2003 at 07:12:23:
Anybody ever do deals near the casino’s
I found deal near foxwood and can’t seem to find anyone
interested in this deal…its a huge markup but i live in ny and cant find foxwood’s casino area investor…any suggestions are welcome
I am near foxwoods - Posted by Mark-CT
Posted by Mark-CT on May 10, 2003 at 20:32:27:
Clair,
I am an hour from foxwoods. What are the details of the deal? Email me at ampal@arczip.com.
Mark
I am in Connecticut - Posted by Mark-CT
Posted by Mark-CT on May 10, 2003 at 20:29:22:
Clair,
I live in Connecticut about an hour from foxwoods. I may be interested. What are the details of the deal? Email me at ampal@arczip.com.
Mark