Let me tell you about my two rich uncles. Everyone always said they
were wealthy, which confused me when I was growing up because they
didn't seem to ever spend it. They didn't dress well or drive nice
cars, and they never sent me anything more than a card and a crisp
dollar bill for my birthday. But they each have a few luxuries; one
has an antique Ferrari in his garage, and the other spends most of
his spare time riding his horse. And they're very generous with
advice. Whenever I see them at a family gathering, they always
corner me and give me a lecture on the value of thrift or the power
of compound interest.
Recently, now that I have a real job, they've been trying to get
me to save some money for investment. Their favorite topic is real
estate. I'll never get rich paying rent, they tell me; the way to
get rich is to be collecting the rent. That's how they made most of
their money. They started out by buying a couple of properties with
small apartments and collecting rent from tenants, and they did so
well that they were able to buy some houses. Now they mostly have
houses (since they pay better rent) but they each kept the first
apartment they bought, for sentimental reasons. They have plans to
move on to something bigger, but they haven't yet.
All their holdings are in the mid-Atlantic resort city where
they used to live. (My uncle Charles has since moved up to Boston,
and my other uncle George has moved west to Las Vegas.) It's a top
tourist spot, so they get a steady stream of beachgoers who will
pay high rents. Here's a map they showed me:
Charles' holdings are shown in red, and George's are in blue.
The squares are houses, and the triangles represent apartments.
To inspire me, they added up all the rental income they each get
and showed me the figures. It did inspire me; but not to buy real
estate. I ran right out and found a great place for a cache. Can
you find it?
You can check your answers for this puzzle on
Geochecker.com.