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-   -   50K-100K-what business to invest in? (https://gfy.com/showthread.php?t=1343876)

JayMoyes 04-23-2021 11:55 AM

Quote:

Originally Posted by Alex BongaCash (Post 22845803)
I would say property is really good and safe choice now.

Typically, I'd say $100k isn't a lot to play with in real estate, but I'm in LA. Old school real estate investing was buy a lot of land for dirt cheap and hold on to it, then sell when development reached the area. It's how some Hollywood people really made their money Buck Henry made more than he ever would in TV. I believe Bob Hope and Johnny Carson also bought empty land and just held onto it until developers came in.

Buying land in places like Nevada and Texas or even condos, has potential. At the moment, a lot of corporate investing is going into buying homes. If there's a place to buy in under $100k, it would be something to look in to.

PS: Renting out has issues. I have a friend who is loosing her condo in San Diego because she can't collect rent due to covid. There were a lot of maintenance problems to boot.

BaldBastard 04-23-2021 03:37 PM

I just ordered 1000 of these

https://www.alibaba.com/product-deta...1615wgRcdR&s=p

I intend on flipping them for 100-150 each via ebay and if they're anything like the masks I got last year.. I'll do it in hours.

Jazzix 04-23-2021 04:40 PM

Face masks.. pretty sure they'll be around for a few years

AmeliaG 04-23-2021 11:19 PM

Quote:

Originally Posted by JayMoyes (Post 22850538)
Typically, I'd say $100k isn't a lot to play with in real estate, but I'm in LA. Old school real estate investing was buy a lot of land for dirt cheap and hold on to it, then sell when development reached the area. It's how some Hollywood people really made their money Buck Henry made more than he ever would in TV. I believe Bob Hope and Johnny Carson also bought empty land and just held onto it until developers came in.

Buying land in places like Nevada and Texas or even condos, has potential. At the moment, a lot of corporate investing is going into buying homes. If there's a place to buy in under $100k, it would be something to look in to.

PS: Renting out has issues. I have a friend who is loosing her condo in San Diego because she can't collect rent due to covid. There were a lot of maintenance problems to boot.


Why doesn't your friend use the covid forbearance on her mortgage?

Sergio 04-24-2021 01:27 AM

Collect another 100k and maybe it will be real estate in Panama. Good place for live. Or Costa Rica, where you can rent out your villa

newB 04-24-2021 06:11 AM

T-shirt business - set up a store front with the screen-printing in the back, and lends itself well to an online store and social media promotion.

It will really help if you have a snarky type of sense of humor that you can put into your designs.

A guy I know has done this, and I get a comment every time I wear one of his shirts.

You could also expand on it by getting a food-truck type of truck, but turn it into a mobile store you can drive to venues to sell your merchandise.

plsureking 04-24-2021 08:50 AM

we're less than a year away from a massive housing market crash that will make 2008 look like a practice exercise. (in the US)..

invest in coins, S&P, metals, and wait out the storm. you need something to do? get a gardening book and grow your own food.

also, there's no money in porn.

:2 cents:

pornbro666 04-24-2021 01:40 PM

crypto trading would be great

AmeliaG 04-24-2021 02:09 PM

Quote:

Originally Posted by plsureking (Post 22850925)
we're less than a year away from a massive housing market crash that will make 2008 look like a practice exercise. (in the US)..

invest in coins, S&P, metals, and wait out the storm. you need something to do? get a gardening book and grow your own food.

also, there's no money in porn.

:2 cents:


The people who freaked out that their mortgage was underwater and sold low or walked away had a very bad time. The developers who did not have the cushion to wait out the storm lost money. Pretty much everyone who held on to their 2008 real estate is better off today than they were then.

CaptainHowdy 04-24-2021 06:51 PM

Quote:

Originally Posted by Jazzix (Post 22850662)
Face masks.. pretty sure they'll be around for a few years

https://i.imgur.com/mHPMfe9.jpg

plsureking 04-24-2021 08:12 PM

Quote:

Originally Posted by AmeliaG (Post 22851051)
The people who freaked out that their mortgage was underwater and sold low or walked away had a very bad time. The developers who did not have the cushion to wait out the storm lost money. Pretty much everyone who held on to their 2008 real estate is better off today than they were then.

yea there was a trickle down effect. inflation is about to skyrocket and inventory is artificially inflated due to covid delayed foreclosures. the cards will fall..

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