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In countries where tenants have rights (foreign concept, I know), there tends to be a markdown if it's occupied - so you'd want to sell when between tenants.

Or not at all - as long as the operating expenses and amortisations are paid out of revenue, it's making you free money.

- Jake

Austerity can only be implemented in the shadow of a concentration camp.

by JakeS (JangoSierra 'at' gmail 'dot' com) on Thu Jun 2nd, 2011 at 03:50:07 PM EST
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