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-   -   I would like to invest 5 million dollars in american real estate biz. Whats hot ? (https://gfy.com/showthread.php?t=820214)

Legendary Samir - BANNED FOR LIFE 04-06-2008 08:00 PM

I would like to invest 5 million dollars in american real estate biz. Whats hot ?
 
I know that Phoenix is very hot market, texas is booming. What else is out there?

jakethedog 04-06-2008 08:03 PM

BWHAHAHAHAHAHAHA.... thats a joke right .. investing 2 cents into the US would be a bad call .. come back in 10 years ..

John. 04-06-2008 08:15 PM

Quote:

Originally Posted by jakethedog (Post 14035558)
BWHAHAHAHAHAHAHA.... thats a joke right .. investing 2 cents into the US would be a bad call .. come back in 10 years ..

LOL

Yes, you should never buy in a buyers market, wait til things start to get "better" and people aren't willing to sell out for the crazy low prices they are selling for now.

collegeboobies 04-06-2008 08:29 PM

Invest all your money in Miami and Vegas, you'll be rich

lol

Holly 04-06-2008 08:41 PM

Quote:

Originally Posted by Legendary Samir (Post 14035553)
I know that Phoenix is very hot market, texas is booming. What else is out there?

With your complexion and hair texture, I'm going to suggest North Dakota. You should be able to avoid getting oily or sweaty up there. And nobody wants to live there, so land should be really cheap.

Ron Bennett 04-06-2008 08:44 PM

Virtual real estate ... in particular domain names.

25%+ annual valuation growth is typical - check out http://www.dnjournal.com/domainsales.htm for reported sales this past week (ie. pizza.com recently sold for $2.6 million); most aren't reported so actual number of sales is likely 100X greater - lots of money in the domain name business.

Additional benefits of domain names:

1. Very little money needed to get into domain investing

2. No property taxes, no transfer taxes, etc; easy to buy and sell with no hassles.

3. Domains are basically maintenance free; just pay the nominal renewal fee (around $10 or so) each year (or upto 10 years in advance; best value).

4. Easy to develop domains - use for most anything; no zoning hassles, etc to deal with.

5. The internet is where the action is, and consequently more and more people and businesses are realizing the value of quality domain names, and are increasingly willing to pay top dollar to get them.

Domain names is an investment to definitely consider - lots of money to still be made!

Ron

Iron Fist 04-06-2008 08:45 PM

Quote:

Originally Posted by collegeboobies (Post 14035599)
Invest all your money in Miami and Vegas, you'll be rich

lol

:1orglaugh:1orglaugh:1orglaugh

Angry Jew Cat - Banned for Life 04-06-2008 09:04 PM

Nicaragua

Fap 04-06-2008 09:41 PM

Quote:

Originally Posted by jakethedog (Post 14035558)
BWHAHAHAHAHAHAHA.... thats a joke right .. investing 2 cents into the US would be a bad call .. come back in 10 years ..

like he has the money anyway..

slapass 04-06-2008 09:50 PM

Quote:

Originally Posted by collegeboobies (Post 14035599)
Invest all your money in Miami and Vegas, you'll be rich

lol

I would agree with this.


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