GoFuckYourself.com - Adult Webmaster Forum
Page 2 of 2 < 1 2
Show 40 post(s) from this thread on one page

GoFuckYourself.com - Adult Webmaster Forum (https://gfy.com/index.php)
-   Fucking Around & Business Discussion (https://gfy.com/forumdisplay.php?f=26)
-   -   Post your real estate investment tips in this thread (https://gfy.com/showthread.php?t=301861)

MattK 05-26-2004 07:44 PM
here's a tip: sell now

Dildozer 05-26-2004 08:09 PM
Quote:
Originally posted by HowlingWulf
I've only seen a few good suggestions, and that's from people who invest. Many others haven't invested in real estate but are shouting advice like they know all. It's funny.

Instead of asking advice on GFY, try another board geared to, gee I dunno, real estate. Here are a couple good ones:

http://www.creonline.com/
http://www.mrlandlord.com/

Enjoy.
Thanks man, you rock!

About the 90's crash, De Roos mentionned buying back then as well, he bought since he took the wager that interest rates would drop. He got some good property for dirt cheap.

slapass 05-26-2004 08:47 PM
Quote:
Originally posted by hershie
I guess a lot of people in this thread are either too young or don't remember the real estate crashes of the early 80's and 90's...where lots of seemingly great properties and developers and ordinary property investors got killed or when interest rates were 20% when it came time to re-finance not too long ago. Don't think that real estate is a sure thing by any stretch and relative to stock investments, there is enough literature out there that will tell you that even a simple home owner would have been better off over any 25 year period in the 20th century putting the down payment on a house, yearly taxes and the difference between rental rate and mortgage into a balance equity mutual fund and would have done better than the home owner who burns their mortgage after the 25 years.
You have to check your source. I worked in the apartment industry and our lobbiest put this type of shit out all the time. They just pick the best years to use.

KRL 05-26-2004 08:49 PM
Quote:
Originally posted by hershie
I guess a lot of people in this thread are either too young or don't remember the real estate crashes of the early 80's and 90's...where lots of seemingly great properties and developers and ordinary property investors got killed or when interest rates were 20% when it came time to re-finance not too long ago. Don't think that real estate is a sure thing by any stretch and relative to stock investments, there is enough literature out there that will tell you that even a simple home owner would have been better off over any 25 year period in the 20th century putting the down payment on a house, yearly taxes and the difference between rental rate and mortgage into a balance equity mutual fund and would have done better than the home owner who burns their mortgage after the 25 years.
Yep. Real Estate is a great investment, but not 100% of the time. If you overpay and the market becomes a buyers market, good luck trying to sell.

Illicit 05-26-2004 08:49 PM
Quote:
Originally posted by strobi
Don't forget you have to pay intrest on your loan, you HAVE to be able to pay your mortage in the next 10-20years and you'll have ALOT of expenses maintaining the house. Real Estate seems like a "even an ass can make money" kind of way, but there are alot of people who failed at investing in real estate. Also if you're married get SOLID legal advice:thumbsup

I wouldn't touch real estate with a pole if you only have 10K$ to invest. Only do realestate if you got ENOUGH liquid money to handle everything that could go wrong.

I'd only touch real estate with $50k down, and a $10k buffer in case somethin goes wrong...

init 05-26-2004 08:53 PM
real estate down by my area rocks, my uncle just bought 4 homes, which are about to start getting built, and my parents want to buy atleast 6, real estate is deff a nice way to get a good roi, buy, hold onto it for 1-2 years, rent it out and then sell

FlyingIguana 05-26-2004 08:59 PM
Quote:
Originally posted by Dildozer
I'm looking into buying investment property right now. Lemme give you a few reasons why it's good to invest in property:

- Unlike stocks, property can't go suddenly down 0$ in value, unless destroyed, and you should have insurance for that.

- You can buy $100,000 worth of property with only $10,000, try doing that with anything else, your banker will laugh at you.

- Investment property has many advantages:

1 - Amortization due to depreciation = tax deductions
2 - Increased value over time
3 - Increase in cash flow + loan payment from the rents

Imagine you have $10,000 to invest.
Which would you rather do? Invest in $10,000 of stocks on the market or get a loan and buy a $100,000 property?

Now imagine your property goes up in value 5% the first year while your stocks increase by let's say 25%

Your stocks are now worth $12,500 which means a ROI of 25%
Your building is now worth $105,000 which means a ROI of 50% since you invested $10000, so $5000/$10000 = 50%

And on top of everything, we're not even including tax deductions due to amortization and the rents your tenants will pay.

So shoot me some investment tips, i'm all ears
stocks dropping down to zero is where you can make big gains. (ie tasr from 100 to 40- recently, tech bubble of 00, bre x, etc)

so how is it that stocks going down to zero is a bad thing?

one tip i will give is this. we're in a credit bubble caused by negative real interest rates. when it bursts, real estate values will get hit. but, but, but not all markets will drop. so if you're in a market where real estate values are through the roof, it could be very wise to sit on the sidelines and snatch up properties at better values. if you leverage it amplifies returns both ways, so if your property takes a drop your losses are even greater.

Webby 05-26-2004 09:15 PM
Look hard and buy cheap - screw loans or mortgages :thumbsup

Other comment is - don't think the suns shines out of the ass of your locality - the world is a big place and there are still loads of really good real estate deals around - often at prices that would blow your eyeballs out.

I can think of one that over the last year has multiplied the original investment 17.5 times, tho you are not likely to find that dealing with a load of realtors :-)

FlyingIguana 05-26-2004 09:20 PM
Quote:
Originally posted by Webby
Look hard and buy cheap - screw loans or mortgages :thumbsup

Other comment is - don't think the suns shines out of the ass of your locality - the world is a big place and there are still loads of really good real estate deals around - often at prices that would blow your eyeballs out.

I can think of one that over the last year has multiplied the original investment 17.5 times, tho you are not likely to find that dealing with a load of realtors :-)
for 10k? you'd get some nice shithouses for that

Webby 05-26-2004 09:24 PM
FlyingIguana:

Quote:
for 10k? you'd get some nice shithouses for that
Ah! I missed that bit!!! :) Mmmm.. Na..

Kinda at the low level! :-)

FlyingIguana 05-26-2004 09:31 PM
fiddy real estate noobs :glugglug


All times are GMT -7. The time now is 03:47 AM.
Page 2 of 2 < 1 2
Show 40 post(s) from this thread on one page

Powered by vBulletin® Version 3.8.8
Copyright ©2000 - 2025, vBulletin Solutions, Inc.
©2000-, AI Media Network Inc123