Piece of Luck

by Katie B.
(New Orleans, LA, USA)

When my husband and I separated, I was first of all lucky to find a small semi-furnished co-op apartment. The owner was going to be away for a year. It would be perfect for me while I was still in school and while I looked around for something else.

As fortune would have it, while I was in the small co-op building in a rental on the top floor, the same identical apartment came up for sale, two floors below.

Because the building was still under price controls, I was able to buy the apartment for an absurdly cheap amount of money. During the time that I lived there (for 10 years), the building changed its bylaws so that apartments could be sold at market rate subject to the approval of the other co-op members.

I was moving out of town and sold my co-op for more than 5 times what I paid for it. And because I was moving to a less expensive area, I really felt like I could buy anything!

Click here to read or post comments

Join in and write your own page! It's easy to do. How? Simply click here to return to Real Estate Marketing Talk.




Product Pages






Agent Directory