| Show HOUSES AS S AN INVESTMENT hlll I a Solely Scud suI o on iii till the t lit Kl Klof l I of cir I anu I iou 6 01 rim ml So j S J many 1111 prominent local IMal financier nr Ill investing In houses anti and M d numerous 5 structures In time the ea lIa ily iu si i entitle districts that sortie ome informs Information tion Is I most molt opportune Probably the best beat h t that lm liM h rn n wrItten Hilt 1 oil cit the th t ra Cu h b t W V W iv this Ih I t I iii As ool IlIon of ot lieal 1 lx In tn the In Iii I j ii nt t n ii My gays ys I Let ft m ole lilt t tuc t I me i Ih li this th r pm ni ii ii i 1 D gi L 1 th tit j ce a of u an 58 apart iii tiC m Ot I 0 hi c I it on un triv lir z it t location see ec ee 01 00 Ion amid nian mn 0 nl lilt jiu igL h lion tiit ot of mi alt callon tot foi an un 01 UI a cri m f ii u HU II tu to tile I tor t i hii Ii t i L uy oy U an aim I Ie till timas tI tIto to a man nhu hu either ha hiss suf cut or ur m ma III m a lu tu pr curL curu tu tt t erect re t u IL largo a I nuu Iu 1101 he ho nail coal I cater cuI to tu mint WM we teim lelII the modern moderate t mytr er The rh Jb first nt he lie h must InU t unK Is I ti hee snaIl 1 I build this HUM th houf lie liu their n muni that thul he ho moat limit build It it tt IB Is Hy of ot atc w tu to thu Ihu flats clau of n ne Ce catering lo to lour ur 01 culture there thata nr mere f of ot u IL substantial aub building up ul of or a it curtain certain section auction lion The llIe next mop tol is II I to determine on lii n u location nh will warrant th UI the Investment proposed Oed Kui o moan mun invests Inels front 10 50 0 oco to tu M and wh n hl hi his IH tie n n open I en lor br rental hn lie 1111 that toe III ciu ui 01 who de le mn cur 11 to or ur urt ure tu t I In iii that lull CIt Ion 01 HI u tu tle I illy I it ty want cit RII n it III t a RIO rental that hl hili jute structure it ii may IH hi h far r n ii every eOry doUn ta II no II u for tor tenants He lie cant reduce the time fixed charge without further pecuniary Inca 10 lot H u lie the force tor 01 UI thu property m In iii depreciation anti and gums un unenvIable reputation anion I house hou dwellers dweller He lie cant emt time the coat colt of at heating boating for tor or the name cattle reason He lie cant reduce the tha taxes for Cor he lie hits has no eon con control over ov r that Ho cant reduce thus the th interest mitts into on the tue ho he put but Into tho the structure Take Tako the ca cue case of ot the time man who cleM I Ito to Net nn nit house that shall ah Jl lai somewhat exclusive In Its It nature In Iii the tho construction of or a large u apart art mont ment house tine the services of nn ant archi architect tort teet who has hM hua made nale apartment houses housos a n special study atud houll ho bo sought ought Time was when tho time Investor actually believed that If lie hf hind hat a n floe fine build building l log ing that was all RII that was necessary n 1 A tenant nifty may have n a amid l bo ho satisfied with It III In every overy respect but If It the th owner or miami man niger Iller nt ot tho tIme building does doen not see IMI to It that IhM tho the halls are arc kept kOIt clean that the tho tho the building nr are kind and courteous mind that dozen of other details ar are aro not neglected the Ih tenants will move moe out They Tho will wiil go 0 where there thero Is I proper management nt I till It IX III the tho things that count In lif nt house management Keep buIldIngs clean Set nn an example In itt cleanliness wj for fir your sour our ten temi It cost cOlt much more to 10 keep k ep a n building clean that It does do to It II to deteriorate In that respect Let Iet us u consider briefly what class clais of ot houses present pro tont tho the best be t pos poa possible sible returns on tho the Investment When Whon hon H IL builder once determines to erect a large larg apartment house ho bo should bear In mini mind that tho the addition of two three or more stories to his hla original plans will ivill not Increase time tho fixed charges with the tho exception per perhaps haps of at n a Increase In lii taxes Tho rho original that those additional floors t ors will bring however more than any an Increase In lii tint tho ex cx of or conducting tho building In III tho thio life Ufa at ot the tha largo apart moot munt house bouse It was thought essentIal e to the uce of ot that Institution that mite tho apartments apartment lie he equipped for tor com corn completa pleta piete housekeeping Today Joday however hoover the apartment that has hal become rid rill of ot that und timid resents presente to It II Itt Its t tInt ii ntH u AI well inn n u nl cafe cafa IN 19 I to my mind the th must and most mOlt lucrative type of RI house or ora I In a n ILI a hOhol an as 0 we have como comito tu to tuti toI ti I i in tb m in i however demands 11 malla the most mo t x ting t I I ug I I I t I ton on a ii nn 1111 ni TI tn limb will ii Ill do In more moorE tu to l injure tho reputation tation ot of the tb 1 nl hotel than any other inu The TI cafe cats to b be must bi bl be In price und anti nil plain In vl Have the tha cat cafe r homelike both In appointments ap and In iii service lie Ioe |
