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Used Tower Bridge - should I pull the trigger?


Alpinemaps

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I'm in contact with someone on my local Craigslist that has a fully built Tower Bridge they want to sell for $150.

 

I'm conflicted - a little bit because they are a 50 minute drive away.

 

Is this a no-brainer?  Should I be pulling the trigger on this deal?

 

This isn't for build purposes, but for investment.

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For investment, it`s a bit off a toss up. Current value is ~$200 used, and it is likely a sure fire investment winner. I`d say it comes down to how long you are comfortable holding it for. If you want a quicker flip, I`d pass (unless you could get it down to $125 or so). Even if you don`t mind a longer hold, I`d suggest trying to knock it down to the $125 range. Seems like you could up your likelihood of getting a decent return if the price is a bit lower. Just my $0.02. 

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  • 3 weeks later...

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