Friday, January 27, 2006

Ghetto real estate investing with john_clarke


In most trendy gentrified neighborhoods of Dallas, this historic house would command a cool $200,000. Yuppies love Tudor houses with their high-pitched roofs and quaint charm --- all the more if they're constructed out of cut stone and have a fireplace like this house. But because it's located in a fairly unsavory side of town, this house is priced at a bargain basement $60,000. Check out the half-assed boarded up windows on the left side of the house. That's where Dallas S.W.A.T. officers broke the windows to nab the resident who was cooking crack cocaine in the kitchen. How do I know this? I saw it happen last night on A&E's smash hit reality show Dallas S.W.A.T. The show is kind of crappy, full of all sorts of macho posturing by the cops. But it does offer nice tips on what houses in Dallas may be coming up for sale soon, real cheap.

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