Results 11 to 20 of 61
03-24-2013, 04:03 PM #11
Property would definitely be my go-to, but up in Canada, we didn't get hit nearly as hard as the US, (people didn't borrow more and spend more then they could afford, so we didn't have much of a bust) and the province I live in (Manitoba) there was never a real estate boom to begin with. Out of any province, Manitoba has changed the least (something like 4% growth in the last year) so there isn't much swing to make a bunch of money. Also even inner city shitty houses up here still go for over 100k, in the states a house that would cost 250k costs over 500k up here in this dumpy broke ass city, because our buildings have to be be built for the huge climate swings, so better windows, walls, roofs, foundations etc. I get seriously jealous when I watch those House Hunters and I see how cheap property in the US is. People bitching about a 250k house being too expensive, when its 5000sqf with 6 bedrooms, 3 car garage, etc.
Perhaps I will look into possibly some tax lean sales or something?
03-24-2013, 06:21 PM #12Current cars:
2014 Jeep Wrangler Unlimited (Wife's Daily)
2012 F150 SVT Raptor SuperCrew (Daily)
2014 Polaris RZR XP1000 (Offroad SxS)
2002 Honda S2000 (Project car)
03-24-2013, 06:47 PM #13
I am in the same boat, can't decide on what to invest in, and love having access to my cash so my $100 000 is in a high interest saving account getting 1.20% making just over 100$ a month
Last edited by MasterWhite; 03-24-2013 at 06:52 PM.
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03-24-2013, 06:56 PM #14
Unless you can dedicate time I would never touch real estate.East bound and down, loaded up and truckin',
we're gonna do what they say can't be done.
03-24-2013, 07:20 PM #15
Last edited by MasterWhite; 03-24-2013 at 07:40 PM.
03-24-2013, 08:21 PM #16
03-24-2013, 09:12 PM #17Banned
- Join Date
- Aug 2011
- Albany, NY
03-24-2013, 10:55 PM #18Banned
- Join Date
- Dec 2011
- Houston, Texas / Paris, France
Split that 100K into two down payments on two properties that could be apartments for example. Find anything with low monthly fees that you can rent out to qualified renters. The monthly payments will pay for themselves through the rent you receive. You'll be buying property for free essentially. Interest rates are at the lowest of lows right now. There's nothing wrong with doing a down payment.
03-24-2013, 10:58 PM #19
03-24-2013, 11:03 PM #20
Realestate aside, are there any other things you guys would do? Looking for lower risk, but still at 5+% gain.