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Old 12-05-2007, 12:47 AM   #51
WWC
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over 50 real estate investors! nice to see some serious buyers here :-)
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Old 12-05-2007, 12:49 AM   #52
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Fitty one ;) Investments

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Old 12-05-2007, 04:04 AM   #53
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Originally Posted by DatingGold View Post
Now or a few months is the question. I think now is just as safe cause prices won't go down much more
Yeah, real estate always goes up
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Old 12-05-2007, 06:09 AM   #54
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Good luck buying land in Japan if you're not Japanese.

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Yeah, real estate always goes up
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Old 12-05-2007, 06:21 AM   #55
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never catch a falling knife
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Old 12-07-2007, 12:33 AM   #56
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well maybe not in Japan i guess....
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Old 12-07-2007, 04:59 AM   #57
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I get several daily list from various sources and I've got my eye on a few things. Properties in my area are down 20-30% easily! Shit just isn't moving... it's gotta suck for sellers, but now is the time to buy
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Old 12-07-2007, 06:24 AM   #58
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i would still buy houses now, but only houses that i can rent out and make at least $200 profit a month if i need to rent it.

at that rate i can have the whole house paid off in 10 years or so.
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Old 12-07-2007, 06:38 AM   #59
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Whoa, that site kicks ass.
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Old 12-07-2007, 07:01 AM   #60
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The house I am in now... Sitting the same price for about 1 year now...

A house about 40 miles away I have had my eye on, dropping like a rock. Lost 17% in 3 months....

Both houses are 5 bedrooms.. both 3300 sq feet... both with a large loft (poker room)... and the 40 miles away house has twice as much land....

I hate where I live.
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Old 12-07-2007, 07:55 AM   #61
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The house I am in now... Sitting the same price for about 1 year now...

A house about 40 miles away I have had my eye on, dropping like a rock. Lost 17% in 3 months....

Both houses are 5 bedrooms.. both 3300 sq feet... both with a large loft (poker room)... and the 40 miles away house has twice as much land....

I hate where I live.
You should start looking seriously. In 89-90 when things dropped then I was in the market and this stuff does not turn fast so you have tons of time but always better to buy after declines then to buy when things have had a big runup. And don't be nervous about bashing them lower. Take 12% or more off the asking and see what happens.
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Old 12-07-2007, 10:33 AM   #62
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http://patrick.net/housing/crash.html


Pretty good read. He does make some valid points but does seem to leave out a lot of the tax benefits of owning investment properties
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Old 12-07-2007, 11:24 AM   #63
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Yeahhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhh let's buyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyy reallllllllllllllllllllllllllllllllllllllllllll estateeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeee.

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Old 12-07-2007, 12:53 PM   #64
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I get several daily list from various sources and I've got my eye on a few things. Properties in my area are down 20-30% easily! Shit just isn't moving... it's gotta suck for sellers, but now is the time to buy
Where abouts is this down 20-30%?
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Old 12-07-2007, 01:05 PM   #65
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I would wait another 6 months, it's still sinking, I would rather miss the bottom than buy it and watch it sink even more...
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