View Single Post
Old 07-22-2011, 04:16 PM  
L-Pink
working on my tan
 
L-Pink's Avatar
 
Industry Role:
Join Date: Mar 2005
Location: Florida/Kentucky
Posts: 39,151
Quote:
Originally Posted by Fornicating View Post

Guys down is Brasil are buying Apartments when the property has not even started to get built, they wait 3 years for the property to be constructed and then sell for 50% more than they paid, or, they keep the Apartment, rent it out for a thousand or more per month, and their investment just keeps increasing while they earn a living from it. No work, very little risk, solid investment.
One guy I know, paid $90,000.00 3 years ago, now worth $260,000.00. Is going to sell and re-invest in another Apartment.
You are describing Arizona, California and Florida a few years ago. Your friend should keep that in mind .....


.
L-Pink is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote