1. #1
    lemart5
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    Anybody else nibbling at real estate.

    Looking property in Maine,New York ,Nevada ,and Oregon.

  2. #2
    milwaukee mike
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    has to be super cheap or long-term lease with great tenant.

    there are bargains to be had out there, are you looking more commercial or residential?

  3. #3
    lemart5
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    Quote Originally Posted by milwaukee mike View Post
    has to be super cheap or long-term lease with great tenant.

    there are bargains to be had out there, are you looking more commercial or residential?
    Both plus farmland and other resources.Looking to put 3-5 million to work over the next year .

  4. #4
    ncsubowen
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    As the climate shifts, farmland in the northern part of the country will become more and more valuable. Good place to put the money for a long term investment.

  5. #5
    King Mayan
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    I nibble on ... I pound real estate.

  6. #6
    jbrent95
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    I've been building rental homes in central Texas. Now gathering investors for a senior housing project-- an Alzhiemer's facility. Looking to begin construction next month.

  7. #7
    raydog
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    Quote Originally Posted by milwaukee mike View Post
    has to be super cheap or long-term lease with great tenant.

    there are bargains to be had out there, are you looking more commercial or residential?
    he is looking out the window from his parents basement...please mike, dont egg the kid on...he is already beyond fukking annoying

  8. #8
    milwaukee mike
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    taylor please quit posting numbers about how many millions/shares/etc.
    even if the numbers are right it makes you look quite pompous.

    where are you finding farmland in those states and why are you only looking in 4 states that aren't close to each other?


    nevada is almost impossible as investment property even though everything is cheap, in vegas one in 3 houses is in foreclosure and almost 1/2 the residents would leave if there were jobs elsewhere. they will never have anything close to the construction jobs they used to.

    miami area and other parts of florida have some great potential and no state taxes.

  9. #9
    Dutch
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    I was looking for a camp somewhere near Green lake in Maine but the prices, even for raw land, were a lot higher than I expected.

  10. #10
    Dutch
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    I know people in El Paso who still make a killing flipping houses. I assume anywhere with a growing hispanic population might be worth getting into. Even just buying some rental properties in any hispanic neighborhood might be something to look at.

  11. #11
    lemart5
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    Mike well I am looking all over those are just states that I see really great value in .As far as Nevada goes I am only looking at commercial property
    .What I really want is alot of farmland.I have gotten a good deal on a 133 Acre property in Alabama paid only 322,000 .

  12. #12
    bswagos
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    The cash flow here in Reno is crazy. Our investment group has been picking up 4-25 unit buildings with cap rates at 25%. Can't put the money to work quick enough. The commercial stuff is way overpriced compared to the residential. I don't really see the values coming back anytime soon but who can ignore the cash flow.

  13. #13
    flyingillini
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    Jake Lemont is financial wizard!!

  14. #14
    marcoloco
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    Quote Originally Posted by King Mayan View Post
    I nibble on ... I pound real estate.
    YEA

  15. #15
    milwaukee mike
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    Quote Originally Posted by bswagos View Post
    The cash flow here in Reno is crazy. Our investment group has been picking up 4-25 unit buildings with cap rates at 25%. Can't put the money to work quick enough. The commercial stuff is way overpriced compared to the residential. I don't really see the values coming back anytime soon but who can ignore the cash flow.
    pm me some details if you are looking for some more $.

  16. #16
    PioneerTraining
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    Farm land is costlier deal.I am looking for the states which have good value.Some part of Florida have got good potential.If looking for good place, it may be proved a long term investment.
    Real estate course | Course in real estate

  17. #17
    wtf
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    hey why dont you prove you got 3000 shares of facebook for 28 bucks?

    like you claimed yesterday

    name your price to prove it, habitually lying homo

  18. #18
    onetrickpony
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    nibling on son

  19. #19
    Ace_of_Spades
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    Quote Originally Posted by flyingillini View Post
    Jake Lemont is financial wizard!!
    You love the cok don't ya Jew.

  20. #20
    Smoke
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    yea nibbling on titties here too

  21. #21
    griz
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    lefart kill urself

  22. #22
    dredmahawkus
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    This is a sports betting site....this is where people go not to think about stocks and real estate! so like so many others have pointed out who gives a fuk!

  23. #23
    The Kraken
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    I'm dabbling in the Caribbean. Bought a few properties, in-laws are staying at one. Others being rented out by the week. Have had a place on Stock Island, down by Key West for quite some time. No more for me, can barely keep up with those three.

  24. #24
    jrmartin.mig
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    My partners and myself have bought about 200 in the Florida market over the past 2 years or so. Flipped most of them and seller financed a couple dozen as long term holds. Your a little late to the party if you are looking to kill the market, but at least here, there is still a ton of upside to the market and tons of people moving down every day.

  25. #25
    Dutch
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    Quote Originally Posted by dredmahawkus View Post
    This is a site where other dudes ask you "How big is your rooster?" and "Does looking at tranny porn mean you're gay?"

    Fixed.

  26. #26
    Thunder Gulch
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    Been in real estate for 15 years, and from my perspective I don't think the residential markets will return for at least 5 more years for new construction/ development. Banks are still holding money too tightly, and there just isn't a supply of qualified buyers, and that' s with interest rates at 4% for 30 fixed. Consider that in 2014 we are looking at inflation on materials and higher financing costs, it's a long way off.....so what to do? Rentals and apartments are the way to go, but there is some investment demand, particularly on apartments. If you can handle the management, rental homes have demand. Credit issues will cut into your expected cash flow unless you get lucky, but money is still there to be made.

    Farmland- I have owned for a long time. The markets have never been better, and higher commodity prices have pushed values higher. I'm looking to sell some of what I have and cash out because cap rates on productive, irrigated land are well below 5% in most areas now. Anyone wants a look, shoot me a PM.

    Commercial properties...speculative development isn't going anywhere for a few more years until we get steady job creation. I wouldn't even touch stuff with substantial discounts now unless it is anchored by solid credit, and then only if the price is right. Unless you're building dollar stores or pharmacies, stay away from this sector.

  27. #27
    The Kraken
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    Mayan has lived in a few section 8 houses in Gringo County, does that count?

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