---> GFY Real Estate investors: suggestions?

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  • NALEM
    Confirmed User
    • Nov 2010
    • 3166
    #1

    ---> GFY Real Estate investors: suggestions?

    Looking for SFR or condo properties in the 200-450,000 USD range in the following areas:

    California (Los Angeles, Orange, San Diego Counties - coastal communities),
    Florida (Southeast/Southwest - anything south of St. Petersburg - coastal communities)
    Nevada (Clark County - Las Vegas, Henderson, Lake Las Vegas)

    What specific communities have you invested in, or found to be a great potential to recover in the next 3 to 7 years?

    Thanks in advance.
    "The time men spend in trying to impress others they could spend in doing the things by which others would be impressed."
    Tags: nalem, nalem.com
    • epitome
      So Fucking Lame
      • Jun 2009
      • 12156
      #2
      Find out where the gays are going next as property values will climb.

      Right now it seems to be Oakland Park, FL as they are being squeezed out of Wilton Manors.

        Comment

        • slapass
          Too lazy to set a custom title
          • Nov 2002
          • 14625
          #3
          Condos in fl are tricky. It is all in the condo by laws as they can make it impossible to make money on the rent.

            Comment

            • ImLarge
              So Fucking Banned
              • Oct 2012
              • 926
              #4
              You can make a killing in Victorville, CA
              I am a REal Estate BRoker and Investor in Los Angeles.
              call me if you want to make some money

                Comment

                • L-Pink
                  working on my tan
                  • Mar 2005
                  • 39151
                  #5
                  You first investment should be an image-stablizer lens


                  ..

                    Comment

                    • epitome
                      So Fucking Lame
                      • Jun 2009
                      • 12156
                      #6
                      Originally posted by L-Pink
                      You first investment should be an image-stablizer lens


                      ..
                      I was actually going to say to get the competitive advantage he should get his real estate license, get the listing for houses he wants, photograph himself and then nobody would visit the listings.

                        Comment

                        • NALEM
                          Confirmed User
                          • Nov 2010
                          • 3166
                          #7
                          Originally posted by epitome
                          Find out where the gays are going next as property values will climb.

                          Right now it seems to be Oakland Park, FL as they are being squeezed out of Wilton Manors.
                          Some may think you're being sarcastic, but this comment is very true.
                          Gay men/couples have more spending money then most, and do a incredible job of renovating properties inside/out. I just needed the reminder. Thanks.

                          "The time men spend in trying to impress others they could spend in doing the things by which others would be impressed."

                            Comment

                            • directfiesta
                              Too lazy to set a custom title
                              • Oct 2002
                              • 30218
                              #8
                              Better have cash on hand ... Banks in the USA are chilly to ''investors '' ...

                              When I bought my 170K condo in Pompano Beach ( on the intracoastal ) , there had been nine previous offers ( 200K to 240K ) that were void due to lack of financing ...

                              I offered 170K , including furniture ( 1200 sq. ft ) all cash , offer valid for 24 hours ( I was leaving shortly ) .
                              Accepted, but the KEY word is CASH ....

                              Here, I bough 2 rental prpoerties ( 380K to 430 K ) with 20% down ... They are cash flow positive.

                              To see if you deal makes sense, check my mortgage calculator at : http://www.pdgcash.com
                              I know that Asspimple is stoopid ... As he says, it is a FACT !

                              But I can't figure out how he can breathe or type , at the same time ....

                                Comment

                                • L-Pink
                                  working on my tan
                                  • Mar 2005
                                  • 39151
                                  #9
                                  Originally posted by NALEM
                                  Some may think you're being sarcastic, but this comment is very true.
                                  Gay men/couples have more spending money then most, and do a incredible job of renovating properties inside/out. I just needed the reminder. Thanks.

                                  I have a friend with vacation rental property in Key West. One of the keys to his profitability and the customers he prays for are gay's. The respect shown for his property has his maintenance costs almost a non factor.

                                    Comment

                                    • CrocMint
                                      Confirmed User
                                      • Oct 2010
                                      • 227
                                      #10
                                      If anyone is interested in great apartments in Europe for $40-60k, direct from developer, apartments in developing resort by the sea, mail me.
                                      Great investment and also a place to stay on vacation.
                                      Our Herbal Supplements for Adult Health - a New Revenue Stream for You - mike[at]crocmint.com

                                        Comment

                                        • slapass
                                          Too lazy to set a custom title
                                          • Nov 2002
                                          • 14625
                                          #11
                                          Crocite in what Country?

                                          Cash flow is the key. Only buy stuff that can rent easily and profitably. The whole USA is on sale so not too hard to find good stuff.

                                            Comment

                                            • NALEM
                                              Confirmed User
                                              • Nov 2010
                                              • 3166
                                              #12
                                              Originally posted by slapass
                                              Condos in fl are tricky. It is all in the condo by laws as they can make it impossible to make money on the rent.
                                              Condo by laws, and very high HOAs

                                              Originally posted by ImLarge
                                              You can make a killing in Victorville, CA
                                              I am a REal Estate BRoker and Investor in Los Angeles.
                                              call me if you want to make some money
                                              Every investment I ever considered, included the thought "would I live there".
                                              And while I will never live in Victorville, you might consider posting some additional insight to what makes the place a great buy. I know of some people out of OC that own at least a dozen plus SFR, all managed by professionals, and all are cash flow positive.

                                              Originally posted by epitome
                                              I was actually going to say to get the competitive advantage he should get his real estate license
                                              Covered in several states.


                                              Originally posted by directfiesta
                                              Better have cash on hand ... Banks in the USA are chilly to ''investors '' ...

                                              When I bought my 170K condo in Pompano Beach ( on the intracoastal ) , there had been nine previous offers ( 200K to 240K ) that were void due to lack of financing ...

                                              I offered 170K , including furniture ( 1200 sq. ft ) all cash , offer valid for 24 hours ( I was leaving shortly ) .
                                              Accepted, but the KEY word is CASH ....

                                              To see if you deal makes sense, check my mortgage calculator at : http://www.pdgcash.com
                                              I will look at your MC, and compare it to what Ive used before. Thanks.

                                              Originally posted by L-Pink
                                              I have a friend with vacation rental property in Key West. One of the keys to his profitability and the customers he prays for are gay's. The respect shown for his property has his maintenance costs almost a non factor.
                                              Exactly.

                                              Originally posted by user
                                              You should be paying your staff first. I read in another thread Vince Russo quit your organisation because you didn't pay well.
                                              That's an issue between Vince and the Board of Directors. I didnt hire him.

                                              Originally posted by CrocMint
                                              If anyone is interested in great apartments in Europe for $40-60k, direct from developer, apartments in developing resort by the sea, mail me.
                                              Great investment and also a place to stay on vacation.
                                              What city and country CrocMint.
                                              "The time men spend in trying to impress others they could spend in doing the things by which others would be impressed."

                                                Comment

                                                • charlie g
                                                  Confirmed User
                                                  • Aug 2006
                                                  • 2759
                                                  #13
                                                  I have 12000m on the beach in Bali I am looking to sell, ideal for a small resort or villa complex. (122meters beach front) $350 per meter for quick sale.
                                                  AlanAgus1 at gmail dot com
                                                  -------------------------------

                                                    Comment

                                                    • NALEM
                                                      Confirmed User
                                                      • Nov 2010
                                                      • 3166
                                                      #14
                                                      Originally posted by charlie g
                                                      I have 12000m on the beach in Bali I am looking to sell, ideal for a small resort or villa complex. (122meters beach front) $350 per meter for quick sale.
                                                      Is the parcel subdivided into small lots?
                                                      "The time men spend in trying to impress others they could spend in doing the things by which others would be impressed."

                                                        Comment

                                                        • charlie g
                                                          Confirmed User
                                                          • Aug 2006
                                                          • 2759
                                                          #15
                                                          It can be.
                                                          AlanAgus1 at gmail dot com
                                                          -------------------------------

                                                            Comment

                                                            • NALEM
                                                              Confirmed User
                                                              • Nov 2010
                                                              • 3166
                                                              #16
                                                              Originally posted by charlie g
                                                              It can be.
                                                              Email will be sent shortly. Someone who knows Bali well, may be interested.
                                                              "The time men spend in trying to impress others they could spend in doing the things by which others would be impressed."

                                                                Comment

                                                                • lagcam
                                                                  Confirmed User
                                                                  • Jul 2007
                                                                  • 2890
                                                                  #17
                                                                  Can a foreigner own land in Bali now charlie g? I didn't think they could.
                                                                  Working Cam site for sale - NOT affiliate.

                                                                    Comment

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