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  • December 3, 2007 at 6:52 PM #11061
    Multiplepropertyowner
    Participant

    So it is generally held that the most effective business people can make money in any market. i.e. Walt Disney got rich during the depression on peoples limited discretionary dollars. Who would have thought that people would spend money in theaters watching cartoons when work was scarce, but they did.

    Thus, my question is: Other then the obvious foreclosure market, which is risky, is there a way to make money in real estate right now?

    December 3, 2007 at 7:35 PM #108413
    Jumby
    Participant

    Absolutely. They key is to invest in an emerging market where the current Gross Rent Multiplier makes sense.

    I have good friend that is a real estate broker and he is doing very well with real estate investors in the MS GO Zone.

    It’s one of the few places in the country that actually NEEDS housing right now, Gross Rent Multiplier of 8.3 and 50% Bonus Depreciation in the 1st year on that’s on a brand new house with a 5 year warranty.

    email me at justdoitstewart @ yahoo.com and I’ll give you his materials and contact info.

    December 3, 2007 at 7:35 PM #108517
    Jumby
    Participant

    Absolutely. They key is to invest in an emerging market where the current Gross Rent Multiplier makes sense.

    I have good friend that is a real estate broker and he is doing very well with real estate investors in the MS GO Zone.

    It’s one of the few places in the country that actually NEEDS housing right now, Gross Rent Multiplier of 8.3 and 50% Bonus Depreciation in the 1st year on that’s on a brand new house with a 5 year warranty.

    email me at justdoitstewart @ yahoo.com and I’ll give you his materials and contact info.

    December 3, 2007 at 7:35 PM #108551
    Jumby
    Participant

    Absolutely. They key is to invest in an emerging market where the current Gross Rent Multiplier makes sense.

    I have good friend that is a real estate broker and he is doing very well with real estate investors in the MS GO Zone.

    It’s one of the few places in the country that actually NEEDS housing right now, Gross Rent Multiplier of 8.3 and 50% Bonus Depreciation in the 1st year on that’s on a brand new house with a 5 year warranty.

    email me at justdoitstewart @ yahoo.com and I’ll give you his materials and contact info.

    December 3, 2007 at 7:35 PM #108554
    Jumby
    Participant

    Absolutely. They key is to invest in an emerging market where the current Gross Rent Multiplier makes sense.

    I have good friend that is a real estate broker and he is doing very well with real estate investors in the MS GO Zone.

    It’s one of the few places in the country that actually NEEDS housing right now, Gross Rent Multiplier of 8.3 and 50% Bonus Depreciation in the 1st year on that’s on a brand new house with a 5 year warranty.

    email me at justdoitstewart @ yahoo.com and I’ll give you his materials and contact info.

    December 3, 2007 at 7:35 PM #108570
    Jumby
    Participant

    Absolutely. They key is to invest in an emerging market where the current Gross Rent Multiplier makes sense.

    I have good friend that is a real estate broker and he is doing very well with real estate investors in the MS GO Zone.

    It’s one of the few places in the country that actually NEEDS housing right now, Gross Rent Multiplier of 8.3 and 50% Bonus Depreciation in the 1st year on that’s on a brand new house with a 5 year warranty.

    email me at justdoitstewart @ yahoo.com and I’ll give you his materials and contact info.

    December 3, 2007 at 9:14 PM #108463
    Multiplepropertyowner
    Participant

    Yeah, I have a friend doing the same thing in the GO Zone (Gulf Opportunity). At the moment he is working with new student housing that are cash flowing. I am just not a fan of owning somewhere I can’t be in a few hours drive. I was thinking more of California.

    December 3, 2007 at 9:14 PM #108620
    Multiplepropertyowner
    Participant

    Yeah, I have a friend doing the same thing in the GO Zone (Gulf Opportunity). At the moment he is working with new student housing that are cash flowing. I am just not a fan of owning somewhere I can’t be in a few hours drive. I was thinking more of California.

    December 3, 2007 at 9:14 PM #108567
    Multiplepropertyowner
    Participant

    Yeah, I have a friend doing the same thing in the GO Zone (Gulf Opportunity). At the moment he is working with new student housing that are cash flowing. I am just not a fan of owning somewhere I can’t be in a few hours drive. I was thinking more of California.

    December 3, 2007 at 9:14 PM #108601
    Multiplepropertyowner
    Participant

    Yeah, I have a friend doing the same thing in the GO Zone (Gulf Opportunity). At the moment he is working with new student housing that are cash flowing. I am just not a fan of owning somewhere I can’t be in a few hours drive. I was thinking more of California.

    December 3, 2007 at 9:14 PM #108603
    Multiplepropertyowner
    Participant

    Yeah, I have a friend doing the same thing in the GO Zone (Gulf Opportunity). At the moment he is working with new student housing that are cash flowing. I am just not a fan of owning somewhere I can’t be in a few hours drive. I was thinking more of California.

    December 3, 2007 at 9:32 PM #108631
    stockstradr
    Participant

    My advice is forget real estate and focus on the following, because I’m currently making a killing in these areas:

    1) Short the market, buy puts on the indexes, buy 2X leveraged inverse bear funds

    2) Short oil sector, short oil (this is a short-term recession play. Long-term oil is obviously going straight up in price)

    3) Buy gold

    4) Dump the dollar and buy European currencies, and if you have the option obviously buy the Yuan.

    5) If you must play real estate, do what I did: buy overseas properties in Asia. I specifically bought China mainland properties when I dumped my USA properties in mid 2004. I’ve made a killing on those China properties.

    6) For CA region, I think we are not at the bottom yet. There are only some bargains available in select areas (high desert, and down in riverside , temecula). Even those areas have farther to fall.

    There are some moments in life where I make predictions, place my bets and then every single one of those come in and I’m hitting on all cylinders on various investments. That’s the feeling right now.

    December 3, 2007 at 9:32 PM #108613
    stockstradr
    Participant

    My advice is forget real estate and focus on the following, because I’m currently making a killing in these areas:

    1) Short the market, buy puts on the indexes, buy 2X leveraged inverse bear funds

    2) Short oil sector, short oil (this is a short-term recession play. Long-term oil is obviously going straight up in price)

    3) Buy gold

    4) Dump the dollar and buy European currencies, and if you have the option obviously buy the Yuan.

    5) If you must play real estate, do what I did: buy overseas properties in Asia. I specifically bought China mainland properties when I dumped my USA properties in mid 2004. I’ve made a killing on those China properties.

    6) For CA region, I think we are not at the bottom yet. There are only some bargains available in select areas (high desert, and down in riverside , temecula). Even those areas have farther to fall.

    There are some moments in life where I make predictions, place my bets and then every single one of those come in and I’m hitting on all cylinders on various investments. That’s the feeling right now.

    December 3, 2007 at 9:32 PM #108611
    stockstradr
    Participant

    My advice is forget real estate and focus on the following, because I’m currently making a killing in these areas:

    1) Short the market, buy puts on the indexes, buy 2X leveraged inverse bear funds

    2) Short oil sector, short oil (this is a short-term recession play. Long-term oil is obviously going straight up in price)

    3) Buy gold

    4) Dump the dollar and buy European currencies, and if you have the option obviously buy the Yuan.

    5) If you must play real estate, do what I did: buy overseas properties in Asia. I specifically bought China mainland properties when I dumped my USA properties in mid 2004. I’ve made a killing on those China properties.

    6) For CA region, I think we are not at the bottom yet. There are only some bargains available in select areas (high desert, and down in riverside , temecula). Even those areas have farther to fall.

    There are some moments in life where I make predictions, place my bets and then every single one of those come in and I’m hitting on all cylinders on various investments. That’s the feeling right now.

    December 3, 2007 at 9:32 PM #108577
    stockstradr
    Participant

    My advice is forget real estate and focus on the following, because I’m currently making a killing in these areas:

    1) Short the market, buy puts on the indexes, buy 2X leveraged inverse bear funds

    2) Short oil sector, short oil (this is a short-term recession play. Long-term oil is obviously going straight up in price)

    3) Buy gold

    4) Dump the dollar and buy European currencies, and if you have the option obviously buy the Yuan.

    5) If you must play real estate, do what I did: buy overseas properties in Asia. I specifically bought China mainland properties when I dumped my USA properties in mid 2004. I’ve made a killing on those China properties.

    6) For CA region, I think we are not at the bottom yet. There are only some bargains available in select areas (high desert, and down in riverside , temecula). Even those areas have farther to fall.

    There are some moments in life where I make predictions, place my bets and then every single one of those come in and I’m hitting on all cylinders on various investments. That’s the feeling right now.

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