Quote:
Originally Posted by dannym
Are you sure your not just mad because the real estate values in Venice have taken a serious nose dive??
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Ha ha ha. Yes Venice/Sarasota area did take a nose dive but the proporty I have down there is what I purchased for my personal use. The only time was when I bought a place down on Manasota Key and flipped it. That was investment. The place down there now is for a getaway. The priced has dropped on it by about $200,000 but I didnt buy it looking to make anything off of it. The only reason I rent it out is to cover the taxes. Besides that area is comming back. Things are moving again but that whole area is right on the Gulf of Mexico and the values will always be high.