Guest Syxx Report post Posted November 28, 2004 Ok, so throughout my life I have continuously heard that this is the safest investment stream to get into (outside of government bonds which are really not that lucrative). I have read a beginner's text on investment and have frequented some message boards dealing with the topic. My question is multifaceted. I was wondering if anyone has any personal insight into the area of real estate investment, or experiences that you would like to share? Do you feel that it is financially worthwile to enter into this area if you have a rudimentary knowledge of the concepts? P.S. If anyone is looking for a joint venture in Canada or close to, and has not been able to get into the game due to no money/bad credit , "holla" back, and maybe we can workout a partnership. Share this post Link to post Share on other sites
Red Hot Thumbtack In The Eye 0 Report post Posted November 28, 2004 I've got a bridge for sale. Share this post Link to post Share on other sites
the max 0 Report post Posted November 28, 2004 I have great beachfront property in Wyoming. Share this post Link to post Share on other sites
Guest Homeless Guy Spare Some Change Report post Posted November 28, 2004 this is one topic i have always been interested in. Buying properties. Doing them up and then selling them on down the line for a profit, its a risky venture but if you can get it going and you have the man power and capital then go and do it. Its doing the research and finding places that have the cheapest turnover. Share this post Link to post Share on other sites
Guest Salacious Crumb Report post Posted November 28, 2004 I would recommend buying apartment buildings and houses near or on college campuses. Share this post Link to post Share on other sites
Guest Homeless Guy Spare Some Change Report post Posted November 28, 2004 ^ true very true, the income might not be as high as anywhere else but you will have a yearly income every year. Share this post Link to post Share on other sites
Guest Syxx Report post Posted November 28, 2004 I have also considered the college route, though it seems more risky to me as you would stand a higher chance of having the place completely destroyed by year's end. Wouldn't the yearly renovations negate any potential profit? Share this post Link to post Share on other sites
Guest Salacious Crumb Report post Posted November 29, 2004 My pros and cons for college housing: Pros: price gouging, you can basically charge whatever you want to have a prime housing location on a large college campus. maintaince, you can basically keep the place at the minimum of what's allowed because it's just college kids living there. Cons: kids, destroying the place but you can boot them out and replace them within days if you have a good enough location. Share this post Link to post Share on other sites
