GoFuckYourself.com - Adult Webmaster Forum - View Single Post - anyone here ACTUALLY made $$$$$$ on real estate?

avalanche · 06-04-2007, 06:18 AM

Been in real estate for 7 years....Key to real estate is knowing when your financial situation can handle getting in. Sometimes it's a quick deal, but most often you have to be prepared to stay for the long term. Historically, atleast in the US, it is physically impossible to lose money on real estate if you simply buy and hold. If you're looking for rental opportunities look to 4+ units in a building. Single Family homes to 4 units typically don't get enough rent in the current market to be positive on a monthly basis without a large down payment.

(Yes, there are exceptions, but remember exceptions don't come everyday)

06-04-2007, 06:18 AM
avalanche Confirmed User Industry Role: Join Date: Feb 2005 Location: SoCal Posts: 1,922	Been in real estate for 7 years....Key to real estate is knowing when your financial situation can handle getting in. Sometimes it's a quick deal, but most often you have to be prepared to stay for the long term. Historically, atleast in the US, it is physically impossible to lose money on real estate if you simply buy and hold. If you're looking for rental opportunities look to 4+ units in a building. Single Family homes to 4 units typically don't get enough rent in the current market to be positive on a monthly basis without a large down payment. (Yes, there are exceptions, but remember exceptions don't come everyday) __________________ Avalanche CherryPimps - Daily Pornstars, LIVE and more!