GFY investors.. your thoughts on Real Estate? - GoFuckYourself.com

pentae · 11-02-2010, 04:12 AM

I've done fairly well in Australia with Real Estate, but would not currently buy anything there as it seems obvious that the bubble is about to burst.

What i'd like to hear is experiences from American GFYers who have recently bought foreclosure properties, lost/made money, and their views on real estate as a side investment from their adult biz income.

I am also visiting the USA next month and would like to shop around for another potential investment property, does anyone have any areas they know are great buying at the moment?

I'd prefer we didn't turn this into a real estate vs shares argument, its a personal preference, i've always believed more in RE because I have more control over the process and i'd like to hear how other guys in the adult business approach it

Sloane · 11-02-2010, 04:49 AM

now is a pefect time to pickup US realestate... weak dollar and bottomed out property prices create a once in a lifetime opportunity. I have been checking out Miami Beach condos, can't beleive how cheap it is! Will head over next year and have a look

Barry-xlovecam · 11-02-2010, 05:12 AM

For rental or sale? I think any real appreciation will take time.

alias · 11-02-2010, 05:17 AM

If it is working not sure anyone will spill the beans. Good luck on your business thread!

PornoStar69 · 11-02-2010, 06:22 AM

Inconceivable, hehehe

sweetcuties · 11-02-2010, 06:31 AM

It's an excellent time, I'll pick up another one early next year... already have a few rentals

candyflip · 11-02-2010, 07:53 AM

I live in a market that wasn't really effected at all by the mortgage and housing mess. I can buy livable/rent able properties that need little to know work, in an area where there are two universities for around $35k...and we can do this all day long. I will continue to buy until someone stops me.

It's probably because we live in one of the county with the highest property taxes in the state, in the state with the highest property taxes in the US.

quiet · 11-02-2010, 07:56 AM

obviously it's a great time to buy right now. sell is quite a bit harder right now (duh lol). i'm in BC.

webairalex · 11-02-2010, 08:15 AM

I would not buy in this market, things are so volatile they go up and down at the whim of a few factors.
"When people loose everything and have nothing left to loose, they loose it" Gerald Celente

mineistaken · 11-02-2010, 08:16 AM

Quote:

Originally Posted by pentae

I've done fairly well in Australia with Real Estate, but would not currently buy anything there as it seems obvious that the bubble is about to burst.

In the whole world the bubble did burst at the end of 2008 while everything collapsed and property prices went down, but in Australia its just about to happen ?

FreeHugeMovies · 11-02-2010, 08:20 AM

I would wait 3 years then invest in property in the US.

candyflip · 11-02-2010, 08:26 AM

Quote:

Originally Posted by candyflip

I live in a market that wasn't really effected at all by the mortgage and housing mess. I can buy livable/rent able properties that need little to know work, in an area where there are two universities for around $35k...and we can do this all day long. I will continue to buy until someone stops me.

It's probably because we live in one of the county with the highest property taxes in the state, in the state with the highest property taxes in the US.

The area I'm referring to is Rochester, NY

Lots to buy here, and the prices aren't outrageous like most of the US. Just the taxes.

nsacm · 11-02-2010, 08:38 AM

It all depends on where you look. Some places there is little to no money to be made. Look at the states that really shot up and fell the hardest.

Florida being one of those states.

datatank · 11-02-2010, 08:43 AM

Depends on the area. I think some areas will start to pick up a little in the next few years others will keep going down for the next few and stay flat flast for 5-7 years alteast

pentae · 11-03-2010, 01:12 PM

Thanks for the replies guys.. i'd be interested to hear anyones actual experiences if anyone is brave enough to share.

I'd like to buy some kind of vacation rental, short-term fully furnished place and get a great manager. If it doesn't pay a decent return, flip it and try another one..

Anyone?

TidalWave · 11-03-2010, 01:50 PM

Perfect time to buy rental properties right now.

pornguy · 11-03-2010, 01:53 PM

Just make sure you have the $$ to back up what ever you buy for as long as necessary.

DaddyHalbucks · 11-03-2010, 01:57 PM

It's a great time to buy.

arock10 · 11-03-2010, 02:18 PM

I don't see real estate values rising anytime soon, but rentals would do well since that market is still strong

11-02-2010, 04:12 AM	#1
pentae Confirmed User Industry Role: Join Date: Jul 2002 Location: Inconceivable! Posts: 899	GFY investors.. your thoughts on Real Estate? I've done fairly well in Australia with Real Estate, but would not currently buy anything there as it seems obvious that the bubble is about to burst. What i'd like to hear is experiences from American GFYers who have recently bought foreclosure properties, lost/made money, and their views on real estate as a side investment from their adult biz income. I am also visiting the USA next month and would like to shop around for another potential investment property, does anyone have any areas they know are great buying at the moment? I'd prefer we didn't turn this into a real estate vs shares argument, its a personal preference, i've always believed more in RE because I have more control over the process and i'd like to hear how other guys in the adult business approach it

11-02-2010, 05:17 AM	#4
alias aliasx Join Date: Apr 2001 Posts: 19,010	If it is working not sure anyone will spill the beans. Good luck on your business thread! __________________ https://porncorporation.com

11-02-2010, 06:22 AM	#5
PornoStar69 Confirmed User Join Date: Oct 2008 Location: xxweekxx mothers bed. Posts: 2,046	Inconceivable, hehehe __________________ GFY King?

11-02-2010, 06:31 AM	#6
sweetcuties Confirmed User Join Date: Feb 2002 Location: Somewhere Posts: 5,859	It's an excellent time, I'll pick up another one early next year... already have a few rentals __________________

11-02-2010, 07:53 AM	#7
candyflip Carpe Visio Industry Role: Join Date: Jul 2002 Location: New York Posts: 43,064	I live in a market that wasn't really effected at all by the mortgage and housing mess. I can buy livable/rent able properties that need little to know work, in an area where there are two universities for around $35k...and we can do this all day long. I will continue to buy until someone stops me. It's probably because we live in one of the county with the highest property taxes in the state, in the state with the highest property taxes in the US. __________________ Spend you some brain. Email Me

11-02-2010, 04:49 AM	#2
Sloane Confirmed User Industry Role: Join Date: Feb 2001 Location: Vietnam Posts: 815	now is a pefect time to pickup US realestate... weak dollar and bottomed out property prices create a once in a lifetime opportunity. I have been checking out Miami Beach condos, can't beleive how cheap it is! Will head over next year and have a look

11-02-2010, 05:12 AM	#3
Barry-xlovecam It's 42 Industry Role: Join Date: Jun 2010 Location: Global Posts: 18,083	For rental or sale? I think any real appreciation will take time.

11-02-2010, 07:56 AM	#8
quiet we'll miss you our friend. RIP Industry Role: Join Date: Sep 2001 Location: Fernie, BC Posts: 25,115	obviously it's a great time to buy right now. sell is quite a bit harder right now (duh lol). i'm in BC.

11-02-2010, 08:15 AM	#9
webairalex Confirmed User Industry Role: Join Date: Oct 2010 Posts: 253	I would not buy in this market, things are so volatile they go up and down at the whim of a few factors. "When people loose everything and have nothing left to loose, they loose it" Gerald Celente __________________ Alex S Webair Internet Development, Inc. 516.938.4100 Ext. 218 AIM: Webairalexs Twitter: Webairalex EMAIL: [email protected] WEB: http://www.webair.com

11-02-2010, 08:20 AM	#11
FreeHugeMovies Too lazy to set a custom title Join Date: Dec 2001 Location: Charlotte, NC Posts: 14,137	I would wait 3 years then invest in property in the US.

11-02-2010, 08:38 AM	#13
nsacm Confirmed User Join Date: Dec 2009 Posts: 205	It all depends on where you look. Some places there is little to no money to be made. Look at the states that really shot up and fell the hardest. Florida being one of those states.

11-02-2010, 08:43 AM	#14
datatank Confirmed User Join Date: Aug 2004 Location: My dog is blacker than Tupac Posts: 5,471	Depends on the area. I think some areas will start to pick up a little in the next few years others will keep going down for the next few and stay flat flast for 5-7 years alteast

11-03-2010, 01:12 PM	#15
pentae Confirmed User Industry Role: Join Date: Jul 2002 Location: Inconceivable! Posts: 899	Thanks for the replies guys.. i'd be interested to hear anyones actual experiences if anyone is brave enough to share. I'd like to buy some kind of vacation rental, short-term fully furnished place and get a great manager. If it doesn't pay a decent return, flip it and try another one.. Anyone?

11-03-2010, 01:50 PM	#16
TidalWave Confirmed User Industry Role: Join Date: Sep 2007 Location: Los Angeles Posts: 2,706	Perfect time to buy rental properties right now. __________________ www.SwiftNode.com

11-03-2010, 01:53 PM	#17
pornguy Too lazy to set a custom title Industry Role: Join Date: Mar 2003 Location: Homeless Posts: 62,911	Just make sure you have the $$ to back up what ever you buy for as long as necessary. __________________ PornGuy skype me pornguy_epic AmateurDough The Hottes Shemales online! TChicks.com \| Angeles Cid \| Mariana Cordoba \| MAILERS WELCOME!

11-03-2010, 01:57 PM	#18
DaddyHalbucks A freakin' legend! Industry Role: Join Date: Feb 2004 Location: Las Vegas, Nevada USA Posts: 18,975	It's a great time to buy. __________________ Boner Money

11-03-2010, 02:18 PM	#19
arock10 Confirmed User Join Date: Jan 2006 Posts: 6,218	I don't see real estate values rising anytime soon, but rentals would do well since that market is still strong __________________ Sup