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New luxury condos for 1/6th the price
I was lolling about the internet aimlessly and found out about this site, ibidcondo.com. Apparently, people pay $100 to enter an auction for condos in Texas. The price of admission from the bidders pays for the condos, and the winning bid for the condo goes to charity. Very neat idea. The best...- Fermovian
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- Replies: 1
- Forum: General Business Discussion
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Super low business valuations
A recent discussion about laundry-mats on the forum got me looking at a business classified websites and I was shocked at what I found. Some of the businesses were listed at less than 2x cashflow. This would be understandable if it were only a business generating 50 or 60K and the owner was an...- Fermovian
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- Replies: 4
- Forum: General Business Discussion
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