Archive for the ‘Investing’ Category
REALESTATE INVESTMENt?
March 6th, 2010
23and4 asked:
IM A REALTOR and i am buying and selling repo bank homes..
as a private buyer and seller i would like to open a realestate company or a investment company where i as my company buyes homes from banks repos and fixing the and sell… but i need help understanding how this process work i dont wonth to deal with morgages and title with the buyers…… i guess what my main goal is to start a investment company to buy and resell repo homes…………….. thank you for ur answers
Make Money Twice
IM A REALTOR and i am buying and selling repo bank homes..
as a private buyer and seller i would like to open a realestate company or a investment company where i as my company buyes homes from banks repos and fixing the and sell… but i need help understanding how this process work i dont wonth to deal with morgages and title with the buyers…… i guess what my main goal is to start a investment company to buy and resell repo homes…………….. thank you for ur answers
Make Money Twice
Posted in 
Is it a good time to start BUILDING HOUSES right now? (the house market is falling)?
December 31st, 2009
honesty_counts asked:
I’ve been wanting to get into the house construction business for the last 10 year but its taken me all this time just to save up the seed money I needed. I want to build termite-proof non-wood homes in Florida that look just like regular homes. They would cost about 30% more because of the materials are much more expensive than old fashioned wood. (steel studs, concrete beams, etc).
But from what I’ve heard, the Miami condo market is CRASHING with prices down 40 to 50% from just a year ago and Naples Florida homes are almost as bad.
Land prices are still sky high and if I buy a parcel for 1.2mil, develop it, then find 3 years later that the same land selling for only 0.7mil, I’m sunk as no one will pay me back for the price I bought the land for. And with about 200,000 new homes and condos just sitting empty on the Florida market and another 200,000 planned to come online in the next 2 years, Do you think It would be WISE to sink my money into this venture???
Thanks.
Relationship Advice
I’ve been wanting to get into the house construction business for the last 10 year but its taken me all this time just to save up the seed money I needed. I want to build termite-proof non-wood homes in Florida that look just like regular homes. They would cost about 30% more because of the materials are much more expensive than old fashioned wood. (steel studs, concrete beams, etc).
But from what I’ve heard, the Miami condo market is CRASHING with prices down 40 to 50% from just a year ago and Naples Florida homes are almost as bad.
Land prices are still sky high and if I buy a parcel for 1.2mil, develop it, then find 3 years later that the same land selling for only 0.7mil, I’m sunk as no one will pay me back for the price I bought the land for. And with about 200,000 new homes and condos just sitting empty on the Florida market and another 200,000 planned to come online in the next 2 years, Do you think It would be WISE to sink my money into this venture???
Thanks.
Relationship Advice
