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drunkle
Participantbugs:
are you suggesting that they were on borrowed IQ’s? makes sense then, having to turn over their deeds and their brains…
Participantbugs:
are you suggesting that they were on borrowed IQ’s? makes sense then, having to turn over their deeds and their brains…
Participantbugs:
are you suggesting that they were on borrowed IQ’s? makes sense then, having to turn over their deeds and their brains…
Participantbugs:
are you suggesting that they were on borrowed IQ’s? makes sense then, having to turn over their deeds and their brains…
Participant“In 2007 I sold my primary residence for a record high for the plan at $1.330m (paid $925k in 2004 plus added about $180k in improvements), sold a flip for $430k minus $10k for buyer credit (paid $305k five months prior as an REO, put about $55k into it, market time was only about 3 weeks and had 3 offers), bought new primary residence for $950k as an REO have about $75k in improvements and it’s worth a solid $1.2m. Oh, and this follows buying a condo for $565k in 2003 and selling it in 2004 for $835k with only about $15k in improvements. It’s about time to buy again!
I’d like to see where all of these naysayers are in 1-3 years time who’ve lost sight of real estate as a long-term investment.”
flipping a property in a year’s time is a “long-term investment”?
your post was crap, but that was the kicker.
Participant“In 2007 I sold my primary residence for a record high for the plan at $1.330m (paid $925k in 2004 plus added about $180k in improvements), sold a flip for $430k minus $10k for buyer credit (paid $305k five months prior as an REO, put about $55k into it, market time was only about 3 weeks and had 3 offers), bought new primary residence for $950k as an REO have about $75k in improvements and it’s worth a solid $1.2m. Oh, and this follows buying a condo for $565k in 2003 and selling it in 2004 for $835k with only about $15k in improvements. It’s about time to buy again!
I’d like to see where all of these naysayers are in 1-3 years time who’ve lost sight of real estate as a long-term investment.”
flipping a property in a year’s time is a “long-term investment”?
your post was crap, but that was the kicker.
Participant“In 2007 I sold my primary residence for a record high for the plan at $1.330m (paid $925k in 2004 plus added about $180k in improvements), sold a flip for $430k minus $10k for buyer credit (paid $305k five months prior as an REO, put about $55k into it, market time was only about 3 weeks and had 3 offers), bought new primary residence for $950k as an REO have about $75k in improvements and it’s worth a solid $1.2m. Oh, and this follows buying a condo for $565k in 2003 and selling it in 2004 for $835k with only about $15k in improvements. It’s about time to buy again!
I’d like to see where all of these naysayers are in 1-3 years time who’ve lost sight of real estate as a long-term investment.”
flipping a property in a year’s time is a “long-term investment”?
your post was crap, but that was the kicker.
Participant“In 2007 I sold my primary residence for a record high for the plan at $1.330m (paid $925k in 2004 plus added about $180k in improvements), sold a flip for $430k minus $10k for buyer credit (paid $305k five months prior as an REO, put about $55k into it, market time was only about 3 weeks and had 3 offers), bought new primary residence for $950k as an REO have about $75k in improvements and it’s worth a solid $1.2m. Oh, and this follows buying a condo for $565k in 2003 and selling it in 2004 for $835k with only about $15k in improvements. It’s about time to buy again!
I’d like to see where all of these naysayers are in 1-3 years time who’ve lost sight of real estate as a long-term investment.”
flipping a property in a year’s time is a “long-term investment”?
your post was crap, but that was the kicker.
Participant“In 2007 I sold my primary residence for a record high for the plan at $1.330m (paid $925k in 2004 plus added about $180k in improvements), sold a flip for $430k minus $10k for buyer credit (paid $305k five months prior as an REO, put about $55k into it, market time was only about 3 weeks and had 3 offers), bought new primary residence for $950k as an REO have about $75k in improvements and it’s worth a solid $1.2m. Oh, and this follows buying a condo for $565k in 2003 and selling it in 2004 for $835k with only about $15k in improvements. It’s about time to buy again!
I’d like to see where all of these naysayers are in 1-3 years time who’ve lost sight of real estate as a long-term investment.”
flipping a property in a year’s time is a “long-term investment”?
your post was crap, but that was the kicker.
Participantnumber 4 from:
http://www.nafep.com/onek/self_directed_401k_public.htm
you can get outside financing…
my thinking was to use the 401 to buy re in stable markets that dont have the boom/bust appreciation cycles of markets like california. in that way, keep the asset value of the portfolio low (lower than say 10% appreciation in ideal s&p) while still generating income via rental…
cash investments would be done through a roth…
Participantnumber 4 from:
http://www.nafep.com/onek/self_directed_401k_public.htm
you can get outside financing…
my thinking was to use the 401 to buy re in stable markets that dont have the boom/bust appreciation cycles of markets like california. in that way, keep the asset value of the portfolio low (lower than say 10% appreciation in ideal s&p) while still generating income via rental…
cash investments would be done through a roth…
Participantnumber 4 from:
http://www.nafep.com/onek/self_directed_401k_public.htm
you can get outside financing…
my thinking was to use the 401 to buy re in stable markets that dont have the boom/bust appreciation cycles of markets like california. in that way, keep the asset value of the portfolio low (lower than say 10% appreciation in ideal s&p) while still generating income via rental…
cash investments would be done through a roth…
Participantnumber 4 from:
http://www.nafep.com/onek/self_directed_401k_public.htm
you can get outside financing…
my thinking was to use the 401 to buy re in stable markets that dont have the boom/bust appreciation cycles of markets like california. in that way, keep the asset value of the portfolio low (lower than say 10% appreciation in ideal s&p) while still generating income via rental…
cash investments would be done through a roth…
Participantnumber 4 from:
http://www.nafep.com/onek/self_directed_401k_public.htm
you can get outside financing…
my thinking was to use the 401 to buy re in stable markets that dont have the boom/bust appreciation cycles of markets like california. in that way, keep the asset value of the portfolio low (lower than say 10% appreciation in ideal s&p) while still generating income via rental…
cash investments would be done through a roth…
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