Invest in Real Estate! - GoFuckYourself.com

WWC · 12-02-2007, 08:18 PM

If anyone remembers the real estate market in 1989....its happening again! Invest in buying houses and rent them out to have the mortgage paid for 2-3 years....it will go back up!

Home prices down 24% so far since last rise....

Shagbunny · 12-02-2007, 08:21 PM

down taht much? wow no wonder no ones moving

BIGTYMER · 12-02-2007, 08:23 PM

Now is a great time to buy if you have the money to sit back and wait for the market to bounce back but it could take months or years to get back up.

WWC · 12-02-2007, 08:29 PM

Quote:

Originally Posted by Shagbunny

down taht much? wow no wonder no ones moving

yup...check it out

http://www.car.org/index.php?id=MzgwMTY=

foreverjason · 12-02-2007, 09:29 PM

If you think its a great time to buy now give it another 6 - 12 months.

That will be an even better time to buy.

IllTestYourGirls · 12-02-2007, 09:33 PM

If you are near Mass this is 100% true. Wait till the real problem of universal health care takes place. Super high taxes, people forced to pay $1000 a month for health insurance (not health care, they are two different things) will take its toll around then. But hey, if you live in Mass you will only have to pay 100% of ER visits and $50 for doctor visits!

Quote:

Originally Posted by foreverjason

If you think its a great time to buy now give it another 6 - 12 months.

That will be an even better time to buy.

Sly · 12-02-2007, 09:34 PM

Everyone I hear from says wait another 12 months... though they have also been saying that for two years, hehe. Still dropping.

RP Fade · 12-02-2007, 09:35 PM

just bought a house. not only do we love it but we got it at a very good price

foreverjason · 12-02-2007, 09:37 PM

Quote:

Originally Posted by Sly

Everyone I hear from says wait another 12 months... though they have also been saying that for two years, hehe. Still dropping.

Ya ill look at the economic indicators in 6 - 12 months and know if its bottomed or not.

The US economy has a few landmines ahead of it. US dollar decoupling from reserve currency status (gonna drop alot more), stock market crash (both most likely will happen)

pornask · 12-02-2007, 09:37 PM

where do you live? real estate prices are up 100 - 300% since 18 months ago here in Alberta.

foreverjason · 12-02-2007, 09:38 PM

Its stagflation baby!

Everything that you can drop on your foot that hurts is about to get alot more expensive.

Buy gold!

GreyWolf · 12-02-2007, 09:38 PM

Quote:

Originally Posted by foreverjason

If you think its a great time to buy now give it another 6 - 12 months.

That will be an even better time to buy.

Would possibly wait a little longer than 12 months

But also don't bank on substantial short term rises in property - there is more than enough unsold property to fill the market for a year now, and this is rising monthly.

Vendzilla · 12-02-2007, 09:41 PM

I got a house for sale in Shasta Lake California, make me an offer

CreatineGuy · 12-02-2007, 09:43 PM

lol...

investing in homes in usa in this moment is the worst investment someone could ever do...

hehe.. some guys bought houses for 500k, 2 years ago.. and now the same houses are 200k, with 2 years of use... lol...

usa market is completely broken, and they are going for a new recesion..

foreverjason · 12-02-2007, 09:44 PM

Quote:

Originally Posted by pornask

where do you live? real estate prices are up 100 - 300% since 18 months ago here in Alberta.

They aint up that much there but they are up in Alberta.

Housing prices are starting to come down in Vancouver (Where I live)

fatfoo · 12-02-2007, 09:44 PM

Quote:

Originally Posted by Vendzilla

I got a house for sale in Shasta Lake California, make me an offer

i'll give you $10,000

foreverjason · 12-02-2007, 09:47 PM

Quote:

Originally Posted by fatfoo

i'll give you $10,000

lol check ebay

After Shock Media · 12-02-2007, 09:51 PM

Quote:

Originally Posted by CreatineGuy

lol...

investing in homes in usa in this moment is the worst investment someone could ever do...

hehe.. some guys bought houses for 500k, 2 years ago.. and now the same houses are 200k, with 2 years of use... lol...

usa market is completely broken, and they are going for a new recesion..

Ha ok.

Just even a slight more in some decreases here and with proper credit, cash, or equity. It would almost be foolish to not buy here long term as rentals. Right now the prices of the mortgages are on par with rents however I am very well versed in the other costs of rentals and know where the proper safe number sits at even with odd vacancy rates which is well pretty small here anyways *typically under 2%.

WWC · 12-02-2007, 09:52 PM

Quote:

Originally Posted by foreverjason

If you think its a great time to buy now give it another 6 - 12 months.

That will be an even better time to buy.

Very true...by next year summer will be even a better time to buy.....

SleazyDream · 12-02-2007, 09:55 PM

jesus fuck you people pay a lot for sticks and dirt

CreatineGuy · 12-02-2007, 09:56 PM

Quote:

Originally Posted by After Shock Media

Ha ok.

Just even a slight more in some decreases here and with proper credit, cash, or equity. It would almost be foolish to not buy here long term as rentals. Right now the prices of the mortgages are on par with rents however I am very well versed in the other costs of rentals and know where the proper safe number sits at even with odd vacancy rates which is well pretty small here anyways *typically under 2%.

2 years ago when I saw thousands of advertisements saying "get a 200,000 loan from Bank of America right now!!!" in sites like MSN money, Yahoo Finance or other big sites, I always thought how long is that unreal bubble going to last?

We saw the results this year.

Jet - BANNED FOR LIFE · 12-02-2007, 10:15 PM

Bricks and mortar = >>> $$$

ztik · 12-02-2007, 10:34 PM

Quote:

Originally Posted by foreverjason

If you think its a great time to buy now give it another 6 - 12 months.

That will be an even better time to buy.

Yeah I agree. Seams house prices are still inflated

tiger · 12-03-2007, 12:57 AM

Yep now is the time. People with cash on the sidelines will make out big in the next 5-10 years.

kane · 12-03-2007, 01:58 AM

It really depends on where you live. The area I live in is starting to stagnate and it is starting to see the rush of people trying to sell so they can get out of their variable rate mortgage before their house payment nearly doubles. There is a house my brother just rented that the owner ended up having to rent because she couldn't sell it. 4 years ago she bought it for 325K. She was one of 5 bids at that price and she agreed to pay all costs so they sold to her. now 4 years later the house has gone up, then back down in price. she wanted to sell it for 340K and got no offers. She lowered it to 325K and got no offers. There are literally 4 comparable houses on the market within 2 blocks of hers. She ended up renting it out as she waits for the market to rebound.

Another indicator. A development company built phase one of a development about 2 years ago in a town about 10 miles from me. the houses were priced from 275-300K They were all pre-sold before they had even broke ground on the first one. Now that phase 2 is done they have 2 houses sold and the other 25 sitting empty with no buyers and they are bleeding money from it.

If you have some cash and are in the right market over the next 12-18 months you could buy a house or 2, rent them out (or live in them) for 2-3 years. let the market rebound and make a nice little profit.

Barefootsies · 12-03-2007, 02:47 AM

Yep. It's down 25% in some markets.

They are predicting this isn't it yet. 2008 is supposed to make it even better/worse.

xmas13 · 12-03-2007, 04:11 AM

The recession has not even begun and you tell people to buy now?

LOL.

Enjoy the ride.

slapass · 12-03-2007, 05:01 AM

I have bought 5 houses and a condo in the last 2 months. I might look dumb in a year but I will be a genius in 5.

BlueDesignStudios · 12-03-2007, 05:02 AM

I think it will be a great time to buy in a couple of years

[ScreaM] · 12-03-2007, 05:08 AM

Mutual funds are way to go.

brand0n · 12-03-2007, 07:32 AM

id say wait 6 months.

depending on where you are it could save you 10s of thousands

Bruce_Miller · 12-03-2007, 07:37 AM

We have purchased a few duplexes in the last 6 months, all rented out, and I think that with the economy the way it is, and everyone with A.R.M.s that even more people will be looking to rent here shortly. Not a bad place to put your money in my opinion.

Retributi0n · 12-03-2007, 07:39 AM

Here the realestate market is fine. Theres no change.

pornguy · 12-03-2007, 07:50 AM

Quote:

Originally Posted by Sly

Everyone I hear from says wait another 12 months... though they have also been saying that for two years, hehe. Still dropping.

And some of them were the ones telling people to take the adjustable rate, as it would never go up that high again.

Forest · 12-03-2007, 07:55 AM

the only prob with the buy and rent idea here in florida is that there are so many properties for sale that are not being sold that the owners are forced to rent those properties hence the rental market now has a glut of un rented properties on the market as well

DEA - banned for life · 12-03-2007, 08:04 AM

if i decide to put my my house back on the market im raising the price

xmas13 · 12-03-2007, 08:10 AM

Forest · 12-03-2007, 08:12 AM

Quote:

Originally Posted by xmas13

so many people have lost their asses because of ads like that

bought at the peak and now are getting forclosed on

GreyWolf · 12-03-2007, 08:15 AM

Just change that year to 2007 and little changes

Quote:

Originally Posted by xmas13

L-Pink · 12-03-2007, 08:36 AM

Quote:

Originally Posted by Retributi0n

Here the realestate market is fine. Theres no change.

That's helpful

slapass · 12-03-2007, 09:11 AM

Quote:

Originally Posted by Forest

the only prob with the buy and rent idea here in florida is that there are so many properties for sale that are not being sold that the owners are forced to rent those properties hence the rental market now has a glut of un rented properties on the market as well

Yeah doing that with the condo. They were selling for 500k 2 years ago and I got one for 250k. Rents for $3500 during season and sits empty the rest of the time so not super excited on the rent side but really like the area so might end up there at some point.

Forest · 12-03-2007, 09:19 AM

Quote:

Originally Posted by slapass

Yeah doing that with the condo. They were selling for 500k 2 years ago and I got one for 250k. Rents for $3500 during season and sits empty the rest of the time so not super excited on the rent side but really like the area so might end up there at some point.

condo market is a very risky buy down here right now.

There are soooo many on the market for sale and rent they are practically giving alot of them away just so the developers get somehting for them

where is the location?

Azoy? · 12-03-2007, 10:20 AM

Quote:

Originally Posted by WWC-Raffi

If anyone remembers the real estate market in 1989....its happening again! Invest in buying houses and rent them out to have the mortgage paid for 2-3 years....it will go back up!

Home prices down 24% so far since last rise....

So how many did you buy "

CyberAgeGary · 12-03-2007, 10:26 AM

I would rather put my money in stocks right now instead of the real estate market. Stocks are under valued, wait a year, and then reinvest in the real estate market.

slapass · 12-03-2007, 11:21 AM

Quote:

Originally Posted by Forest

condo market is a very risky buy down here right now.

There are soooo many on the market for sale and rent they are practically giving alot of them away just so the developers get somehting for them

where is the location?

out side of Sarasota, Longboat Key. If you are in that area or know of some being given away let me know.

Seriously we are buying. Like I said I may look stupid in a year but will be ok in 5.

slapass · 12-03-2007, 04:14 PM

curious as to if others like this spot to buy...

WWC · 12-04-2007, 05:11 PM

Quote:

Originally Posted by xmas13

The recession has not even begun and you tell people to buy now?

LOL.

Enjoy the ride.

well now meaning about 6-12 months...in real life :-)

Z · 12-04-2007, 06:52 PM

The real estate market in the US is down, but not even close to as down as it will be.

The only safe bet in real estate investment is foreign. Panama, Dominican Republic, India, even some places in Mexico.

Everybody I know who's got $$ in real estate in Panama is raking it in and the boom has just begun.

DatingGold · 12-04-2007, 06:55 PM

Now or a few months is the question. I think now is just as safe cause prices won't go down much more

Forest · 12-04-2007, 07:02 PM

Quote:

Originally Posted by slapass

out side of Sarasota, Longboat Key. If you are in that area or know of some being given away let me know.

Seriously we are buying. Like I said I may look stupid in a year but will be ok in 5.

ahhh longboat I love it

My uncle built his dream house there on a canal

Great place to live

12-02-2007, 08:18 PM	#1
WWC #1 Adult Content Provider Join Date: Jul 2003 Location: Glendale, Ca Posts: 11,577	Invest in Real Estate! If anyone remembers the real estate market in 1989....its happening again! Invest in buying houses and rent them out to have the mortgage paid for 2-3 years....it will go back up! Home prices down 24% so far since last rise.... __________________ [email protected] ICQ : 494-353-230 Follow WWC on Twitter CLICK HERE! " CONTENT PROVIDER OF THE YEAR! " ~ 2007 , 2008 & 2009 XBIZ AWARDS WINNER! .......www.WorldWideContent.com / www.WorldWideFeeds.com...... WWC Nominated " Content Licensor of The Year " 2010 XBiz Awards !!!

12-02-2007, 09:29 PM	#5
foreverjason Confirmed User Join Date: Mar 2003 Posts: 1,452	If you think its a great time to buy now give it another 6 - 12 months. That will be an even better time to buy. Last edited by foreverjason; 12-02-2007 at 09:32 PM.. Reason: cause

12-02-2007, 09:34 PM	#7
Sly Let's do some business! Industry Role: Join Date: Sep 2004 Location: Austin, TX Posts: 31,292	Everyone I hear from says wait another 12 months... though they have also been saying that for two years, hehe. Still dropping. __________________ Vacares - Web Hosting, Domains, O365, Security & More - Paxum and BTC Accepted Windows VPS now available. Wanted: CCBill pay sites for sale

12-02-2007, 09:35 PM	#8
RP Fade Confirmed User Join Date: Sep 2003 Location: Los Angeles Posts: 3,343	just bought a house. not only do we love it but we got it at a very good price __________________ HomemadeCash.com - Homemade & GF sites powered by NScash.com HomemadeVideoPass.com - The only all homemade mega site OurHomemadePorno.com - Real couples fucking on camera Contact ICQ: 400-786-531 Email: fade AT nscash.com

12-02-2007, 09:41 PM	#13
Vendzilla Biker Gnome Industry Role: Join Date: Mar 2004 Location: cell#324 Posts: 23,200	I got a house for sale in Shasta Lake California, make me an offer __________________ Webair died? Carbon is not the problem, it makes up 0.041% of our atmosphere , 95% of that is from Volcanos and decomposing plants and stuff. So people in the US are responsible for 13% of the carbon in the atmosphere which 95% is not from Humans, like cars and trucks and stuff and they want to spend trillions to fix it while Solar Panel plants are powered by coal plants think about that

12-02-2007, 08:21 PM	#2
Shagbunny Confirmed User Industry Role: Join Date: Oct 2007 Location: wut Posts: 3,028	down taht much? wow no wonder no ones moving

12-02-2007, 08:23 PM	#3
BIGTYMER Junior Achiever Industry Role: Join Date: Nov 2004 Location: Walled Garden Posts: 17,066	Now is a great time to buy if you have the money to sit back and wait for the market to bounce back but it could take months or years to get back up.

12-02-2007, 09:37 PM	#10
pornask So Fucking Banned Join Date: Aug 2006 Location: 253-233-241 Posts: 6,518	where do you live? real estate prices are up 100 - 300% since 18 months ago here in Alberta.

12-02-2007, 09:38 PM	#11
foreverjason Confirmed User Join Date: Mar 2003 Posts: 1,452	Its stagflation baby! Everything that you can drop on your foot that hurts is about to get alot more expensive. Buy gold!

12-02-2007, 09:43 PM	#14
CreatineGuy So Fucking Banned Join Date: Nov 2006 Location: AMERICA (If u didn't know yet, America is a continent, not a country) Posts: 461	lol... investing in homes in usa in this moment is the worst investment someone could ever do... hehe.. some guys bought houses for 500k, 2 years ago.. and now the same houses are 200k, with 2 years of use... lol... usa market is completely broken, and they are going for a new recesion..

12-02-2007, 09:55 PM	#20
SleazyDream I'm here for SPORT Industry Role: Join Date: Jul 2001 Location: Phone # (401) 285-0696 Posts: 41,470	jesus fuck you people pay a lot for sticks and dirt __________________ This dog, is dog, a dog, good dog, way dog, to dog, keep dog, an dog, idiot dog, busy dog, for dog, 20 dog, seconds dog! Now read without the word dog.

12-02-2007, 10:15 PM	#22
Jet - BANNED FOR LIFE So Fucking Banned Join Date: Sep 2002 Posts: 7,515	Bricks and mortar = >>> $$$

12-03-2007, 12:57 AM	#24
tiger Confirmed User Industry Role: Join Date: Apr 2002 Location: Los Angeles Posts: 6,986	Yep now is the time. People with cash on the sidelines will make out big in the next 5-10 years. __________________

12-03-2007, 01:58 AM	#25
kane Too lazy to set a custom title Join Date: Aug 2001 Location: portland, OR Posts: 20,684	It really depends on where you live. The area I live in is starting to stagnate and it is starting to see the rush of people trying to sell so they can get out of their variable rate mortgage before their house payment nearly doubles. There is a house my brother just rented that the owner ended up having to rent because she couldn't sell it. 4 years ago she bought it for 325K. She was one of 5 bids at that price and she agreed to pay all costs so they sold to her. now 4 years later the house has gone up, then back down in price. she wanted to sell it for 340K and got no offers. She lowered it to 325K and got no offers. There are literally 4 comparable houses on the market within 2 blocks of hers. She ended up renting it out as she waits for the market to rebound. Another indicator. A development company built phase one of a development about 2 years ago in a town about 10 miles from me. the houses were priced from 275-300K They were all pre-sold before they had even broke ground on the first one. Now that phase 2 is done they have 2 houses sold and the other 25 sitting empty with no buyers and they are bleeding money from it. If you have some cash and are in the right market over the next 12-18 months you could buy a house or 2, rent them out (or live in them) for 2-3 years. let the market rebound and make a nice little profit.

12-03-2007, 02:47 AM	#26
Barefootsies Choice is an Illusion Industry Role: Join Date: Feb 2005 Location: Land of Obama Posts: 42,635	Yep. It's down 25% in some markets. They are predicting this isn't it yet. 2008 is supposed to make it even better/worse. __________________ Should You Email Your Members? Link1 \| Link2 \| Link3 Enough Said. "Would you rather live like a king for a year or like a prince forever?"

12-03-2007, 04:11 AM	#27
xmas13 Confirmed User Join Date: Dec 2004 Location: GFY Posts: 5,176	The recession has not even begun and you tell people to buy now? LOL. Enjoy the ride. __________________ ICQ 557504926

12-03-2007, 05:01 AM	#28
slapass Too lazy to set a custom title Join Date: Nov 2002 Location: Earth Posts: 14,622	I have bought 5 houses and a condo in the last 2 months. I might look dumb in a year but I will be a genius in 5.

12-03-2007, 05:02 AM	#29
BlueDesignStudios Confirmed User Industry Role: Join Date: Feb 2003 Location: Australia Posts: 9,492	I think it will be a great time to buy in a couple of years __________________ Blue Design Studios - Adult Design Specialists! Email me for a free quote: [email protected]

12-03-2007, 05:08 AM	#30
[ScreaM] Confirmed User Join Date: Jan 2005 Posts: 1,664	Mutual funds are way to go.

12-03-2007, 07:32 AM	#31
brand0n been very busy Join Date: Nov 2002 Location: the queen city Posts: 26,983	id say wait 6 months. depending on where you are it could save you 10s of thousands __________________ want to buy this spot for cheap? it is of course for sale. long term deals are always the best bet. brand0n/ at/ a o l dot commies.

12-03-2007, 07:37 AM	#32
Bruce_Miller Confirmed User Join Date: Mar 2004 Location: 4REALCASH.COM Posts: 783	We have purchased a few duplexes in the last 6 months, all rented out, and I think that with the economy the way it is, and everyone with A.R.M.s that even more people will be looking to rent here shortly. Not a bad place to put your money in my opinion.

12-03-2007, 07:39 AM	#33
Retributi0n So Fucking Banned Join Date: Oct 2007 Posts: 393	Here the realestate market is fine. Theres no change.

12-03-2007, 07:55 AM	#35
Forest Confirmed User Industry Role: Join Date: Aug 2001 Location: Hollywood Fl. Posts: 8,973	the only prob with the buy and rent idea here in florida is that there are so many properties for sale that are not being sold that the owners are forced to rent those properties hence the rental market now has a glut of un rented properties on the market as well

12-03-2007, 08:04 AM	#36
DEA - banned for life V.I.P. Join Date: Nov 2004 Location: InYour Head Posts: 7,886	if i decide to put my my house back on the market im raising the price

12-03-2007, 08:10 AM	#37
xmas13 Confirmed User Join Date: Dec 2004 Location: GFY Posts: 5,176	__________________ ICQ 557504926

12-03-2007, 10:26 AM	#44
CyberAgeGary Confirmed User Join Date: Jul 2004 Location: Los Angeles Posts: 2,869	I would rather put my money in stocks right now instead of the real estate market. Stocks are under valued, wait a year, and then reinvest in the real estate market. __________________ 13 solid years strong. http://www.CyberAge.com-http://www.CyberSexNetwork.com http://www.UGAS.com-http://www.NastyCash.com. Tri-Tech Internet Services. We are here for you! Email For Info

12-03-2007, 04:14 PM	#46
slapass Too lazy to set a custom title Join Date: Nov 2002 Location: Earth Posts: 14,622	curious as to if others like this spot to buy...

12-04-2007, 06:52 PM	#48
Z Vidi Vici Veni Industry Role: Join Date: Nov 2002 Posts: 6,308	The real estate market in the US is down, but not even close to as down as it will be. The only safe bet in real estate investment is foreign. Panama, Dominican Republic, India, even some places in Mexico. Everybody I know who's got $$ in real estate in Panama is raking it in and the boom has just begun.

12-04-2007, 06:55 PM	#49
DatingGold $6 PER EMAIL JOiN Industry Role: Join Date: Feb 2003 Location: California Posts: 13,185	Now or a few months is the question. I think now is just as safe cause prices won't go down much more __________________ 9 Years of SOLID payouts and conversions! ADULT DATING - $100 PPS LIVE CAMS - $214 PPS WWW.DATINGGOLD.COM ICQ: 27442303