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  1. M

    Real Estate is dying? Investment-wise what is the next Asset Class Du Jour?

    loopnet.com is good for commercial property (self storage, mobile home parks, office space, etc) Realtor.com is the best place to find residential realestate.
  2. M

    Real Estate is dying? Investment-wise what is the next Asset Class Du Jour?

    RE: "I'm not sure where you live but in most parts of the united states (except nyc for now), you can't even rent a 500k home for over 2k/month....where's the income??? i'm in FL, my friends are in nyc, dc and chicago and they all say the same thing - rent does not cover monthly costs!" I...
  3. M

    Real Estate is dying? Investment-wise what is the next Asset Class Du Jour?

    re: Ah, but those new landlords who are now making payments without any income every month because there not enough renters around I believe just the opposite is true. If you do your homework there are many areas that have rental deficiencies. With more expensive houses and interest...
  4. M

    Real Estate is dying? Investment-wise what is the next Asset Class Du Jour?

    RE:tailor parks... LMAO Eastern Europe RE was funny but RV's ?!?! Once again your ignorance amuses me. While you are beating on the keyboard trying to scrape together 2 pennies like the monkey that you are, the people who own those RV parks and trailer parks are sitting on several million...
  5. M

    Real Estate is dying? Investment-wise what is the next Asset Class Du Jour?

    RV Parks are very good as well. Park owners need to put in a pad and sewer/electrical connection, some rec. area and thats about it. Margins are very good, and if the land is in a good area (close to water, resort area, etc) the land values can appreciate nicely.
  6. M

    Real Estate is dying? Investment-wise what is the next Asset Class Du Jour?

    RV Parks are very good as well. Park owners need to put in a pad and sewer/electrical connection, some rec. area and thats about it. Margins are very good, and if the land is in a good area (close to water, resort area, etc) the land values can appreciate nicely.
  7. M

    Is $5,000 enough to get started with trading?

    RE:" What was your trading exp prior to 2000?" Paper trading.
  8. M

    Is $5,000 enough to get started with trading?

    Yes many developers are making it harder for speculators to buy and resale multiple properties in a brand new development but you can still do one . In new home communities in Florida for instance the developer raises prices 5% every 5 to 10 houses sold so if you got in pre-construction...
  9. M

    Is $5,000 enough to get started with trading?

    No after college in 97 I went into commercial banking. Debt was carried over from not making enough as a banker and buying to many rounds at the bar. Most of my trading is scalping and that style of trading was very good when the market was melting. It is tougher in this environment...
  10. M

    Is $5,000 enough to get started with trading?

    I started in 2000 with $8,000 in debt at a prop firm that took traders with no money. By the end of 2001 I made 90k. 02 to 03 130k. Half of 03 to 04 50k. From Aug of 03 until now I have taken some time off to start a business (to get another stable source of income) and flip houses in...
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