12-09-2004, 09:45 PM
Urza-DSF,Dec 9 2004, 04:26 PM Wrote:Hmmm, not really up on how the market is doing right now, but for a long-term investment real estate is always a smart investment...as long as your in an area that is constantly expanding.
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Buy land. It's a limited resource, there is only so much to go around, and sooner or later, it's in demand by somebody that just has to have it.
Most of my own wealth comes from the land I own.
Buy land. Cheap land. Get in on one of the government grabs going on now, like in Washington, where in order to pay the bills, the Government is selling off chunks of land for as little as 55 dollars an acre. I don't remember the exact details on this, look around, do a search, but land grabs like these are common, happen every year, and allow you to make a real steal. Go to government and bank forclosure auctions and buy houses and land for pennies on the dollar. Houses siezed in drug busts, bank forclosures, and for tax purposes can be bought for as little as a few hundred dollars, and then sold for about half to two thirds of full price, and make a huge profit. And people will buy because it's below market value, and can't resist. Sadly, many farms are going under, and you can get HUGE plots of land from bank auctions, for maybe a few grand out of your pocket. And you can turn around and sell this family farm land to the factory farm type folks that have been wanting it for a long long time for a tidy profit, if they haven't bought it out first.
And never pay full price.
All alone, or in twos,
The ones who really love you
Walk up and down outside the wall.
Some hand in hand
And some gathered together in bands.
The bleeding hearts and artists
Make their stand.
And when they've given you their all
Some stagger and fall, after all it's not easy
Banging your heart against some mad buggers wall.
"Isn't this where...."
The ones who really love you
Walk up and down outside the wall.
Some hand in hand
And some gathered together in bands.
The bleeding hearts and artists
Make their stand.
And when they've given you their all
Some stagger and fall, after all it's not easy
Banging your heart against some mad buggers wall.
"Isn't this where...."