Angrish

Wait a min you said you flip a house so why would you tell me its not a good investment ...you did it w/ some successs!!right?

good point but you get no return on all the moneys spent.You pay out by have nothing of any value or solid assets.No worth on paper just your money in the bank ..........I have money in the bank plus valued assets worth a fair amount of money.Witch allows me to borrow to make my company bigger or whatever you no what I mean.

Housing is still a good investment. Right now fo sho if you have money now is the time to buy As the econmy goes up so will housing now is the time to buy if you have money....I have firends that buy rehab and sell they are still doing well right now they just start buying eastside cheap houses buying them for 35000 to 50000 and putting 7000 or so in to it and having no issue selling at 110000. I do all their plumbing .Don't get me wrong it has slowed down but some of that has to do w/weather also .They are making a killing. 12% return thats pretty good for a few months work.no?

Your right .....untill I sell it...than your wrong.... Adding my bathrooms and laundrys are worth 15,000 + alone why would you think I'm not making money off this deal ?I'm not selling 2morro 1000 included paint.And to be honest it was less than that the work I traded for cost me about 400 bucks When I sell I'll make more than 50,000 10 or 20 more Depending on the market. But as long as it comes even close to what it was I'm getting a 35% return in 7 or so years ..thats not a bad investment is it?

Well lucky for me remolding cost is very low, And the ppl around me have sold for more than 160 on most accounts...So I'm not worried about not getting my 50 ...I could get it now and make good investments And have just as much worth as I do on paper.Still its money I can gat any time I want to use it.For what I see fit ....IMO I think thats a good investment. I'm a little different than most I made the cash and made sure I could afford it BEFORE I jump in to all this.The idea of renting is crazy .....this way at some point w/ a house (as long as you don't fuk up)you will get what you put in to it "kinda living for free" sell it get your money back even if its lower by a few % its better than renting< you get nothing and you paid off someone else's shit .

Also Todd the house was a wreck this is why they couldn't sell for more profit ...they just want the loan to be paid.It would have cost more for them to ready the house to sell than just make 5000 and let some other dik pay for the loan (ME) so they are noy paying !!.The house really just needed cleaned and freash paint ....I had carpet done but I traded work for that and it cost me close to nothing.MAybe a grand? maybe My buddy mike is the carpet king!! hahhaha If you knew him you would laugh!!

I can refinace at 180 and where do you think that 50 grand is going to go ? And the house is worth 180 according to house sells around me ...And I have 1 or more bathrooms than others in the hood and 2 laundry spaces. The ppl before me paid the 50 and couldn't afford it and forclosed...they don't get money back.I get when I sell the house! Plus banks can't lower your market value.

Capital gains will not effect me been here long enough.I own a plumbing co. Did everything myself ..Wrote off everything just like a job I would do for you .The material was cheap VERY cheap (cash)I did all the work for about 2800 includes everything.Except for washer and dyer!All the plumbing material was mine I collected over a short time span(free) Well lets just say I paid for it so long ago it has no money effect its paid for its self. My assets are worth more than my debt.I'm making money no matter how you slice it up. Please understand this is my story most ppl don't have access to building materials as cheap as me.I have had a plumbing company for 9 years.And have done pretty well.Giving me the cash to take advantage of other ppl mistakes....I scored big time w/ this house because I had cash ,and right place right time!!

I paid 120,000 for a house was worth 175,000>I bought the house from the bank that forclosed on the loan ..The owner before me paid the differance and forclosed ...bank had the house in a investment com. that tried to rent it then sell it .....sat for a long time ....investment company put in a sunday paper and I closed on the house 2 days later w/ 5000 down They asked for the money the bank wanted plus 5000$ The ppl before me had some kind of balloon rate financing or something...Payment went up 700$ in 5 years and they couldn't do it and forclosed (I was told?)I walk in to a house making 50,000 the day I signed!!More really the house is now worth about 180 or so.This is bad and good I pay taxes on 180,000 house but I'm making payments on 130,000.(Iput a little money in my bank the first time I refied!!after apraising it I pay hilliard taxes on 160 or 170 can't remember off hand.Sucks! it has been a couple of years ....I'll get it apraised again after some remodel gets takin care of.

I will put 50,000 dollars in my pocket when I sell maybe even more I have added bathrooms and laundry rooms .Plus I got the house so cheap that even w/ the market going down I still can make money if I sell.Plus renting makes someone else rich....why not invest in yourself.A house is a pain to take care of sometimes but its well worth (my investment). And if I refinace at what the house is worth I can put that money in my pocket or other investments. Plus having a house gives a lot of freedom ..fires in the back parties when you want ...pets if you wish and lending institutions love to see someone that has a house (and goood credit) They will loan you fosho. I don't know anymore than what I personaly have gone through.So this is my story. buying this house off of someone who was in over their head was the best investment I have made ....besides gold coins!!

I hate him!!

putty picked it out!!

I would buy when you can catch some body forclosing!! I did that and saved about 50,000 .............And right now there are a bunch of ppl in this situation....take advantage of it!! I know everyone is dogging the market ...but if you saved youur money to this point.you will and should make out like a bandit.. By the way banks are not financing anyone w/credit score lower that 670.....good luck w/ what ever you do.houses are hard work but boy its nice to have!!

Wow good post.........not about racing!!!!J/K

^^^^^^^^^^^hahahahahhaa

I'll check it out thanks.

good stuff homewrecker.

That was pretty cool!!

very good question.

I seen on a form a gold wing that can tow a car!!!! http://thekneeslider.com/archives/2005/08/24/goldwing-retriever/

Suk a dic

stoner

Does anyone know of a good,trusted,coindealer? Looking to sell some $20 -1oz gold coins."IN C-BUS"

sorry, I missunderstood. point takin

How bad is it ...give a little so everyone can walk in your shoes.I don't believe that you oppressed everyday..I don't think anyone would believe that.You don't have to get mad just tell me. I want to know how you are oppressed in this day and age.Honestly doesn't seem right...