Ranch View Circle SOLD !!! - January 15, 2009

Even in this economy, because of Jerry's deteriorating health we found it necessary to sell the 3 condominium units were owned for over 10 years on Ranch View Circle in Anaheim Hills, CA. As most of you know, Jerry and I have owned rental properties since the mid 70's. Jerry and I have owned and lived in our home for over 30 years. Then Jerry purchased the first rental property on Vermont Avenue in Anaheim. After owning that property for several years, we did a 1031 exchange and bought a house on Claudina which included a smaller mother-in-law quarters on the property. This meant two rental units. Once again after several years we did another 1031 exchange and bought a 6-unit apartment building on Park Lane in Anaheim. We owned those apartments for 18 years before we did a 1031 exchange selling the 6-unit apartments for the 3 condo's on Ranch View. Since the 70's we also purchased a condo rental in Coeur D' Alene, ID which we sold several years again, as well as a single family house on Redwood in Anaheim. So we have been tied down as landlords for over 30 years. The only properties left are our home, which we live in and our single family house on Redwood Avenue. What a relief!!!