Quote:
Originally Posted by HandballJim
I just looked at a huge 2 bedroom 2 bathroom co-op in Riverdale which is one of nicest areas of the Bronx, its going for 259K 850 a month maintenance...the same price as your domain.  |
Quote:
Originally Posted by Sabby
I bought a house for $240k sold 3 years later for $460k... then moved and bought another house for $220k sold a year later for $300k. Real estate was good to me.
I think domain values are depreciating?? (I mean if you buy it from an auction NOW? not when you got it in 1995 for 15 bucks.) Plus personally I wouldnt know what to do with it. I can make traffic with shit domains.
Sabby |
Wow that is good profits and timing...we are looking at the co-op again tomorrow, if the wife says she wants it...I will offer 190-210k, the real estate agent is an old time handball player from my park. For 15 years I seen him around but never new he owned one of the top real estate agencies in the area. Hopefully he can make a deal happen.
Most people are telling me it is the wrong time to spend money and wait until things get better. Just like the stock market when everyone thinks the worst and selling....all the smart investors are buying. So I want to buy if I can get a great deal. It is a jump for me since I only pay around $575 rent at the moment...I had a real hookup for the last 17 years.
As far as domains...I am rotating them, letting the weaker ones expire if I cannot sell them. I am also buying domains I like, also some great names are dropping everyday. I just picked up JapaneseUncensored .com
I am trying to reduce the quantity also....renewals on a thousand names....oouch.