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BHW members investing in Real Estate?

Discussion in 'Making Money' started by GreenGoblin, Jan 19, 2013.

  1. GreenGoblin

    GreenGoblin BANNED BANNED

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    anyone here actively investing in real estate?
     
  2. allusanumbers

    allusanumbers BANNED BANNED

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    I Do not think so Because everyone here for one reason, Make money Online
     
  3. johandr

    johandr Regular Member

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    I'm investing in Online Estate ;)
     
  4. tomsko

    tomsko Regular Member

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    Not yet, but I'm planning to invest in gold. Real gold, not just the one on paper.
     
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  5. Annah

    Annah Regular Member

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    Don't know about you but investing in gold is very tricky. I got a few years of experience and the most important thing that I can tell you is that buying is not a problem, selling is a gamble and because of this you will hit empty months when you will not be able to make a profit, just buy buy buy and when you see the price going up.. you need to move fast and sell.

    Although it is a 100% secure business, if you can't afford to stay put and not make any money for a couple of months you already lost.
     
  6. tomsko

    tomsko Regular Member

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    Thanks for the tips bro, but I'm not planning to make money by trading gold, I just see it as the safest way to hold my riches, as money is losing value and I dont thrust banks :)
     
  7. imperial444

    imperial444 Elite Member

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    Real Estate is my next step, it's one of the most stable passive incomes out there.
     
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  8. ferma231

    ferma231 Elite Member

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    Gold is valuable in any cases. Its nice investment, but you also need to k ow that gold value goes up because money lose value.
     
  9. burnett4congress

    burnett4congress Jr. VIP Jr. VIP Premium Member

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    I'm in real estate, and have been for many years.
     
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  10. tomsko

    tomsko Regular Member

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    Yes, I believe gold will become much more valuable in the future
     
  11. hardcorebiker

    hardcorebiker Jr. VIP Jr. VIP

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    I invested in a Plot a month back. Bought it for $5k. By next year the price will increase to $10k as the area is developing. You can invest in both Gold and Real estate as its not risky at all. My plan to invest more into real estate next year and maybe flip lands later
     
  12. MasterMagician

    MasterMagician Junior Member

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    I wouldnt exactly call it investing but i did buy a shitty apartment once, fixed it up and sold it for a clean €10.000 profit after all costs and taxations.
     
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  13. burnett4congress

    burnett4congress Jr. VIP Jr. VIP Premium Member

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    Gold bullion isn't an investment. It's a form of savings in an alternative currency.
     
  14. back2form

    back2form Jr. VIP Jr. VIP Premium Member

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    You are 100% right. Land is the most stable income. In fact its also my next step as you said.. Planning to buy land near my own town with my past 2 month earnings.

    Cheers!
    Bart

     
  15. Seankearns

    Seankearns Jr. VIP Jr. VIP Premium Member

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    I own a duplex a couple towns over that's giving me positive cash flow as well as capital gains. Pretty stable investment in the long run.
     
  16. LBrown

    LBrown Senior Member

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    I'm working with a realtor to by my first property now. To those of you looking at gold, I think land will be a much more stable and valuable commodity in the future. If gold were such a sure thing, why are so many companies trying to sell it to you with such huge advertising budgets? One thing we all agree on: the US dollar is a poor way to keep your money.

    To clarify, I plan on buying land as a way to store wealth, like my own personal bank, not as a means to a passive income. So I'm doing with land what most are doing with gold.
     
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  17. elschlongo

    elschlongo Junior Member

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    real estate is what actually got me started in IM. I made a few thousand from flipping land, made a little as a landlord but hated dealing with tenants. I made the mistake of not reinvesting into my business, and instead buying "toys" and ended up bankrupt. I'm hoping to get back into buying land to flip. That was some of the easiest money I have ever made.
     
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  18. KeyNyckeln

    KeyNyckeln Newbie

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    Every freakin "multimillionaire" documentary I watch, the billioanire dude or woman always
    says they are into Real Estate, haha. Time to fire up a Red Bull, light some candles and read:
    The Foundations of Real Estate and5 Techniques To Get You Started :smoker:
     
  19. extrem

    extrem Junior Member Premium Member

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    Land is going to have higher % of elevation as compared to gold. Land is in any case a safer and stable investment than Gold. So if you have $$ I would suggest go with Gold.
     
  20. dennica

    dennica Jr. VIP Jr. VIP Premium Member

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    If you build apartments for students, thats a sure win for passive income.