Anybody own investment property?
Grafwritah
4,184 Posts
Just curious.
Grafwritah
4,184 Posts
Comments
That's a little out of my range and not really along my lines of interest, but thanks.
Investment property
It doubled in value in 3yrs (but i still owe money on it)
Beautiful house man - very cool.
I kinda miss it as i moved out 3 weeks ago. My wifes having a baby soon and she wanted to be near her family (2000kms away). It backed on to national park and was surrounded by rainforest. A 5 min walk to a waterhole and 20min walk to a waterfall. I used to go rafting 10mins drive away. It was fucking paradise 20mins from the city of cairns. The things you do for love.
I'm dropping into this. It's gonna be a huge return in a few years.
http://www.stowemountainlodge.com
yeah WOW! that view looks nice
That's absolutely amazing. Beautiful.
I was thinking more of something like
to start.
We want to do it sooner than later, cuz prices just keep going up.
But that island is still affordable. But how am I gonna get records there? Looks like I'll be an old man rocking an iPod. I hope by then they will be $50 for the 'budget' model but hold twice as much.
yup, just like the internet was the only sure fire investment 10 years ago
There are always certain places where the market will remain strong. It's all about cycles.
absolutely. i'm just jaded because shit in so cal has gotten so silly that if it keeps up at all, no one will be able to own here. all the more reason to invest in rental properties perhaps.
One of my friends from work owns four different two family homes, had them all converted into section 8 housing (guaranteed rent from thr government for welfare tenants) and collects checks from it. His goal was to build up to 12 different porperties, but competition got too thick on Long Island a few years ago.
Hey Nate, what do you know about those condos going up at Hunter Mountain??
Yeah Sween, does it have plumbing yet, or a roof?;)
About 3 years ago I looked at a ton of properties for sale in the Catskills... used to rent up there but did some serious looking on behalf of someone else.
Price ranges there are crazy. No need to spend $$$.
Ha! Can't say if the plumbing works yet, but the other day I drove by and saw a GRIP of spackle buckets outside. Soon. Late May was the target date, I'll settle for mid-July at this point.