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Old 06-12-2005, 12:53 PM   #1
Postmaster
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Real Estate

I'm going to buy some real estate soon.
You'd better make sure your neighbour's house isn't for sale.
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Old 06-12-2005, 12:54 PM   #2
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see sig
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Old 06-12-2005, 12:55 PM   #3
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go for it
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Old 06-12-2005, 12:55 PM   #4
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go for it
Okay i will.
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Old 06-12-2005, 01:03 PM   #5
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Whatever!
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Old 06-12-2005, 01:21 PM   #6
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The rule is buy low, sell high...
Buying high usually doesn't work THAT well...
unless you are buying it for yourself to live in...
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Old 06-12-2005, 01:44 PM   #7
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The rule is buy low, sell high...
Buying high usually doesn't work THAT well...
unless you are buying it for yourself to live in...
Yeah but unfortunately the prices are very high here in Holland atm.
But my purpose is to rent the house out, so on the short term price movements don;t really bother.
I can get a very cheap mortgage, so I think it must be possible to earn a higher rent than what I have to pay on the mortgage.
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Old 06-12-2005, 01:55 PM   #8
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If you have ?240K to invest into some land I can tell you where to buy it at 1/5 of market value. You can resell it at 2/3-3/4 of market value and make a killing. Of course, I'll take 20% success fee, but that shouldn't stop you from scoring a great deal.
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Old 06-12-2005, 02:51 PM   #9
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Originally Posted by DamageX
If you have ?240K to invest into some land I can tell you where to buy it at 1/5 of market value. You can resell it at 2/3-3/4 of market value and make a killing. Of course, I'll take 20% success fee, but that shouldn't stop you from scoring a great deal.
Unfortunately I only have 180k to invest
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Old 06-12-2005, 02:53 PM   #10
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Unfortunately I only have 180k to invest
Might work. Will check to see if what's for sale can't be parcelated and sold in smaller parts. If you're seriously interested we should stay in touch.
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Old 06-12-2005, 07:26 PM   #11
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Good business! Wish you luck
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Old 06-12-2005, 09:27 PM   #12
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Originally Posted by Postmaster
Yeah but unfortunately the prices are very high here in Holland atm.
But my purpose is to rent the house out, so on the short term price movements don;t really bother.
I can get a very cheap mortgage, so I think it must be possible to earn a higher rent than what I have to pay on the mortgage.
the rule isnt for entire markets all the time. i only apply that rule to getting a deal. buying houses and trying to predict the market is like buying stocks.
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Old 06-12-2005, 11:01 PM   #13
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I'm selling as soon as you move in
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Old 06-12-2005, 11:02 PM   #14
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what city is it good to buy real estate in nowadays?

phoenix? philly?

thanx!
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Old 06-12-2005, 11:13 PM   #15
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Be real careful. Some areas are getting iffy with many speculators starting to cut back a bit.
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Old 06-13-2005, 12:40 AM   #16
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goodluck..have a nice find
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Old 06-13-2005, 11:02 PM   #17
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Thank you all. I'll keep you updated.
DamageX, your offer sounds interesting, but I have already found a property I want. If I happen to win the lottery next week, I'll know where to find you :-)

Selio
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