Search results

I don't know what part of the country many of you live in but I know knowbody unemployed (unless they want to be). Things are only as bad as you want them to be. Yes, unemployment numbers are better, Yes many of the previously employed are now self employed, Yes many of those that are not...

re:If there a big pop in the real estate bubble,isn't it very possible for the banks to lose tons of money if foreclosures occur,especially if the home prices drop to a price that is lower than the amount of debt owed to them on each home Most mortgage debt is sold on the secondary...

Sorry guys, There have always been landlords. Just because Carlton Sheets is making a bundle selling his rental program on late night TV does not mean this sort of real estate investing is a new thing. On the other hand it does seem like more people are getting into the rental game...

I was in the same situation a few years ago. Most of my trading profits were in the morning. So I started a mortgage broker business which has actually led to several other business ventures. I got tired of goofing off every afternoon and every time my trading profits slowed I was stressed out...

dddooo, RE:That will certainly not assure our leadership in the world's economy and our superpower status The fact that we have one of the largest stock piles of nukes and a sledge hammer military will keep us a super power for many years. As far as our economy.....I agree with you not...

oil_trader Sorry friend I already own 3 of the above mentioned companies and am funding a 4th... Keep groveling on this board like the thumb sucker you are,,,, I am laughing all the way to the bank. By the way there is no need to reinvent the wheel.

oil-trader You don't have to think outside the box just your blue box: Building contractor Importer Coffee shop owner Building Material distributor Marketing and Advertising restaurateur Transportation Heath and service related industry Painting contractor Plumber Day Trader Gas...

The foundation of this country was build on the backs of people that branched out, blazed their own trail, and saw opportunity where other saw vast untamed wilderness and scary uncertainty.... Unions, protectionism, fear of the unknown, and insecurity undermine what made and still to this...

Sure there are troubles on the horizon (there always have been, often times more dire than those stated here..) I am of the school of thought that believes all ships rise with the rising tide. Every were I look I see opportunity. So much so I am constantly spreading myself to thin taking...

Great post. I do triathlons and carbon fiber bikes are all the rage. I know this is going on in other industries. It is good to hear a buyer perspective on supply, thanks for sharing.

Degabriel, RE:You forgot taxes, heating, and maintenance costs. Oh, and you are assuming occupancy 12 months per year, year in and year out, something any landlord will tell you is impossible. After you subtract that from the gross you have the NOI (net operating income). That is how...

Don, With all due respect there is alot less risk in buying rental property in middle american college towns that debt service and cash flow than in my favorite profession and your darling day trading.

Not all Interest Only loans are created equal. Many people view these vehicles with sceptism but to sophisticated investors they are valuable. Here is an example of what I am working on as we speak (involving an interest only loan on an investment property) Condo next to a State University...

By the way, if you believe the bubble is nationwide do a search on most Southern and Midwestern states on Realtor.com or Loopnet.com for multifamily. You can still debt service in much of the country and even get a little cash flow. Real Estate is not one market, rather 100's of different...

The fact is Real Estate has been the place to be for 5 years. For 3 of those 5 years I have heard bubble predictions. In the mean time I have bought or built and sold several properties and started a mortgage broker business to sell "picks and shovels" to the modern day gold rush. When...

d9d, re:That factor ALONE should be screaming "unsustainable trend!" to you. I did not say that it is a sustainable trend, nor do I believe that real estate is not overvalued in many areas. I was only making a point that calling the current real estate market a "bubble" is the wrong...

When I think of a bubble I think of tech stocks like CMGI, YHOO, PMCS, etc going up several 100% in a few months... in many cases days. I just don't see that in real estate. Yes prices are getting out of hand in many places but I don't think that 20% year over year increases amounts to a...

re: "Haha I am going to wait and see.. I'm gonna look for the hype and some action and then get in on it. No skill required. You just have to have discipline! Returns of 10,000% a year guaranteed! Buy my book!" Don't knock it..... There is alot of money to be made selling picks and...

Making money speculating (in any market) is really not as hard as many people make it... I follow these rules and it keeps me ahead of the game: 1) Don't pick tops (or bottoms) 2) Limit your down side risk (keep a good risk to reward ratio ALWAYS) 3) Don't be greedy 4) Base hits...

re: Do you have any guesses as to the next bubbles before they happen, or will you just wait and see. Your guess is as good as mine.... :cool: