The Savannah morning news. (Savannah, Ga.) 1900-current, 1901-10-27

rortunity or ability to accumulate
great wealth; but any man of ordinary
means, can, in the course of a few
years, pay for sufficient property to
bring him, in rents, hundred dollars
a month. An income of one hundred
dollars a month it is true, is not very
large. 1t will not admit of extrava-
gance or display, but it will provide
all of the necessities and many of the
comforts of life. Judiciously bought
ten thousand dollars worth of proper
ty will rent for 500 a month. If YOU
have $4,000, you can borrow the other
$4,000 at Z per cent. interest. and the
rents will pay the loan, principal and
interest, in eight and a half years.
After that, the property is paid for and
there you are with your 500 month
ever thereafter. If you only have a
hundred dollars cash, you can buy a
thousand-dollar piece and make a
start, or if you only have $25, you can
at least buy lot and pay IS a month
on it. Savannah real estate ranks so
high that you can borrow most of the
money to buy any of it, at per cent,
and frequently less. A good many
people have fool notion that in huv-
ing this way, the interest almost equals
the principal. Get this out of your
head! Here is a plain illustration: A
thousand dollar piece OF property will
bring you $40 a month rent, or $12O a.
year. Say you pay 5000 cash, and let
the rent go towards paying for it. 1t
will be paid up in six years and eight
months. Pay the interest out OF your
pocket. At per cent, it amounts to
S2.SS a month. John l.. Archer. 10
Provident building.
REAL ESTATE FOR SALE. 7O1
West BROAD of Hail
for $4,000. This is a good business cor
ner or residence. Store and dwelling on
a lot so by 80, east side of Randolph
immediate south of and adjoining Ty-
bee depot. Owner is obliged to sell and
will take anything like a reasonable
offer. This is good renting location
and is worth looking into. l have in
the Meadows on New Houston street,
near Waters road, a thoroughly well
built and comfortable two-story resi-
dence for s2,750. This property is worth
$4,000 of anybody's money. The house
has southern and eastern exposure,
and is on one of the largest lots in
town, being go by 140 feet, extending
from New Houston back to Waldburg
street. Four two-story houses near
Union Passenger station that rent for
$672 a year, price $4,T50, also four one
story houses in same location rent for
1884 a year, price $2,750. These are new,
best renting locality in town. Inquire
about them. Two one-story houses on
three lots Waldburg street, just east
pue 9IolS '00O'I$ 10Y peoI sL7lpM 20
dwelling corner Fifth and Whitaker
streets, on very large lot. extending
from Brady to Fifth street for $4,000.
Good big lot and small house, NO. IS
Second street. west. Want an offer on
it. Two good renting houses + olton
street lane near Burrughs, rent for 500
year, $S00-$100 cash, and $40 a
month. Six small houses Russell street
near Cemetery street. rent for $25 a
month, 1,S00-$200 caSn balance SIS a
month. Four good one STORY houses on
Oak street, rent for SIC a month, $50
cash, 500 month. Six small houses on
Ogeechee road and Third street, great
big lot S2,000-S200 cash, balance $25 a
month. Four small houses on West
Boundary near Margaret street, rent
for 81 Ga month, $2,O00-s20O cash, $25
month. Also splendid farm lands on
Thonuderbolt road at from 800 to 5000
an acre. High class investments; lots
in every part of the city, and residences
from 81 900 upwards. John L. Archer
10 Provident Building.
$4,000 CASH, THE $1,000 A MONTH
| that 1T will rent for, and $7.62 month
! out of your own pocket, will pay fol-
a thousand dollar piece of property in
five years. This means principal and
| interest. John L. Archer, 10 Provident
building.
$4,000 CASH, THE $1,000 A MONTH
that it will rent for. and $500 a month
out of your own pocket, will pay for
thousand dollar piece of property in
| two years and four months, principal
aN7d Fa1f
there able to save $751; a month who
will not have the thousand dollars
two years and four months from now?
John L. Archer. 10 Provident building.
THE REAL GOOD THINGS IN
real estate are sold quickly. Make up
your mind as to what form of invest
ment you want, then tell me about it.
| will then keep you informed of what
can be bought cheap. Most of the real
bargains are sold before there is a
chance to advertise them. Unless you
say what you are looking for you will
probably never hear of them. John L.
Archer, 10 Provident building.
REAL ESTATE BOUGHT AND
sold by E. G. Black; can offer this
week several good bargains in we'll To-
Gated homes; call up 1910. either phone.
Ills JEFFERSON is A VERY DE-
sirable home for man of limited means;
convenient to street car and in good
neighborhood, and is not bad invest
ment. E. G. Black.
SIG PRICE, CORNER OF HART
ridge, splendid house, but the lot is
small; can be bought very cheap; own
er wishes to move further SOUTH E.
G. Black.
ON A CORNER IN THE SOUTH
western section, I can give you a JAM
up new house on very easy terms; own
er wishes to change his investment;
can tell you the location. E. G. Black
NO. IS MAUPUS AVENUE. SOUTH
of Tenth, between Bull and Abercorn;
this two-story house is cheap at the
price we ask. E. G. Black.
SIXTEEN SMALL HOUSES IN A
bunch in the eastern section; you can
rely on it, they are cheap: big value
to quick buyer. E. G. Black.
ON EAST GwINNETT. I HAVE
six small houses, rented for $50 per
month; If sold this week will take
S2,375: no water rent; has artesian we'll;
no city tax: just across Waters road
if you will let me give you all the
good points you can see it's a snap;
1915 cash; balance per cent. E. G.
Black, 16 Bryan, east.
NO. 235 GORDON, EAST, NEAR
Abercorn, was not sold last week; If
sold this week $3.50 takes it; house
modern; in good repair; an inspection
will prove to you it's bargain. E. G..
Black, 16 Bryan. east.
Ell EVEN LOTS ON EAST NEW