Raffle for a 38 Cig Top Gun
#32
Shoulda Woulda Coulda
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Join Date: Jun 2007
Location: Ocean City, MD / Alexandria, VA
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Interesting idea... This is how the guy in Annapolis is doing his house in Edgewater.
www.fiftydollarhouse.com
In layman's terms, I think that they are trying to sell 31,000 tickets at $50 each wich equates to over $1.5M. He agreed to a sale price (in a down Market) of $899K and anything above that pays the taxes and goes to the charity.
I'm not sure how the raffle on the TG would go but if it's under $1000 I'm in.......
www.fiftydollarhouse.com
In layman's terms, I think that they are trying to sell 31,000 tickets at $50 each wich equates to over $1.5M. He agreed to a sale price (in a down Market) of $899K and anything above that pays the taxes and goes to the charity.
I'm not sure how the raffle on the TG would go but if it's under $1000 I'm in.......
Last edited by High-C; 12-11-2008 at 10:18 AM. Reason: sp...