Quote:
Originally Posted by xmas13
Tenant? So the condo is a speculative investment?
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A cash flow generating investment isn't a speculative investment. Using your logic, ALL investments are speculative, which is true.
Buying/Selling out-of-the-money WTI crude options / futures (purchasing a derivative instrument when not used as a hedge against an ongoing business) THAT'S speculation.
For real estate, entering into a short-term private option agreement to purchase property (ie highly leveraged) with the intention of 'flipping' the property into the open market upon option exercise, that would be hardcore real estate speculation.