Investment Ideas...........Need your input!
- yankeesking
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- OverDrive418
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Buy it and hold it, the land alone is worth $$$. Don't know about Cali but the way expansion is around here in FL you could make 10x your initial investment in a year! That to me sounds like your best bet depending how it's zoned.lambostealth wrote: I found 7 acres with a house for $44,000!!!!!, I could buy it and not touch it and sell it for $80,000+.
A friend of mine was thinking of getting a couple abandoned lots that were avail. here, gut out the structures on them and making a paintball battleground out of it. Sounded like a cool idea to me. You could do a lot with 7 acres, paintball, go-karts, putt-putt golf, nude resort!
As for the stock market, buy low sell high is what I always heard and with it being at a low point now why not put a little in? It can only (and always does) go up from here.

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Tim Horton's has more to offer than just coffee since they serve sandwiches (and very good ones at that). Plus, their doughnuts can't be beat! They are an institution in Canada but aren't as well-known here in the US (I have seen just two US locations and they are both in the Dublin, OH area, close to the US corporate headquarters). Their not being very common might be favorable since potential customers will be curious to see what they are all about. Wendy's had owned Tim Horton's but divested the company a few years back.lambostealth wrote:How would you compare it to Starbucks???sullygully wrote:Tim Hortons
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- kc2005ptgt
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You know, I was thinking about this again last night and I thought besidesx stock, the next best thing to invest in would be land...
A professor once told me "look, there is only one valuable resource in the world in which we KNOW how much we have, and that is land."
I say go for the land man, heck, even a cheap house which needs work in a nice neighborhood and flip it. You can be an investor and get with someone who does work and split profits. Lots of work and headache involved though, but do research on it and I bet you make some serious cash... plus, you will be helping our economy AND the nieghborhood... that to me has value in and of itself.
Good luck!
A professor once told me "look, there is only one valuable resource in the world in which we KNOW how much we have, and that is land."
I say go for the land man, heck, even a cheap house which needs work in a nice neighborhood and flip it. You can be an investor and get with someone who does work and split profits. Lots of work and headache involved though, but do research on it and I bet you make some serious cash... plus, you will be helping our economy AND the nieghborhood... that to me has value in and of itself.
Good luck!
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investments are easy..
realestate...
make sure you know what your getting into..
i started real estate back in 03. very eaxsy business.. buy low remodel with a low copst and sell high..
if you flip you should make sure that youc an clean over 10k or to be honest its not worth doing..
i got 10 or so rentals now... good idea as long as you keep them rented.. want to make sure you setup an accounht with around 50k in it and let it sit..
this way if anything goes wrong with the house (ie. ac.. roof...or just regualr maintaince like ac cleanings, p.lumbing..etc etc.. and in case of thw worst you have a few months with no renters you can cover your mortgage payments)
usually i put all of my houses on an interest only loan through my local bank for 1 year then if i decide to keep it i refinance it with a fixed interest rate.. beelive it or not. rentals are becoming more popular now because people refinanced their houses and blew the money so they are force to sell and rent houses... good for people like me. hehe
btw.. its pretty simple.. just got to look for deals.. setup a few connections.. i got my sister who works for watson and finds me deals whenever they come up... then setup anopther contact in a bank or lending institution.. i got it set up with my bank where i can close in 30 days for up to a few million before they have to go to the board. get a good guy to do repairs. i use one guy... he sets up everything for CHEAP.. but i keep him busy year round!!!
i can remodel a house from top to bottom for 10k... thats includes new sinks... new corian counters..all new applicances.. 1000 sq ft of ceramic tile.. new paint, walls ceilings, everything.. new sod outside with landscaping.. fencing.. all new li ghting fixtures..wall and electical plugs..everything!!!
investors typically got to put around 20% or more down on any given house. so keep liquid cash at all times incase something comes up.. and like i said keep at least 50k in an account in case of emergency... beelive me THEY WILL COME UP and if you are flipping a house it can take 6 or so months of interest only payments.
also go to all the repair places.. .like lowes..home depot.. ace hardware.. or whereever abnd apply for a commercial account and use the cards as much as possible... beelive me it will help in long run because they will give commercial accounts incentives liek 10% off.. etc etc... saves money in long run and lets you hold on to your li quid cash if you need it.
if you do this.. set up a business.. its cheap.. this way you dont have to keep paying taxes on money ytou keep in the accounts or reinvest... and you can set up commerical accounts.
btw...im not swimming in anything.. lol...
good luck with the investments.. they can be very good if done right..
stock market is hard to do by the way.,.
you can lose big FAST or make alot.. personally lost about 10k in 3 months and that was me going througha broker.... bad idea.. lol
btw ... hope that helps.. sorry everything is so scattered..
also since my dad is in the car business.. i always have a few cars for sale too..
i got 4 cars right now.. 2 of which is for sale to make some extra cash.. since i dont really touch my commerical acounts or money so i dont gotta pay taxes...
realestate...
make sure you know what your getting into..
i started real estate back in 03. very eaxsy business.. buy low remodel with a low copst and sell high..
if you flip you should make sure that youc an clean over 10k or to be honest its not worth doing..
i got 10 or so rentals now... good idea as long as you keep them rented.. want to make sure you setup an accounht with around 50k in it and let it sit..
this way if anything goes wrong with the house (ie. ac.. roof...or just regualr maintaince like ac cleanings, p.lumbing..etc etc.. and in case of thw worst you have a few months with no renters you can cover your mortgage payments)
usually i put all of my houses on an interest only loan through my local bank for 1 year then if i decide to keep it i refinance it with a fixed interest rate.. beelive it or not. rentals are becoming more popular now because people refinanced their houses and blew the money so they are force to sell and rent houses... good for people like me. hehe
btw.. its pretty simple.. just got to look for deals.. setup a few connections.. i got my sister who works for watson and finds me deals whenever they come up... then setup anopther contact in a bank or lending institution.. i got it set up with my bank where i can close in 30 days for up to a few million before they have to go to the board. get a good guy to do repairs. i use one guy... he sets up everything for CHEAP.. but i keep him busy year round!!!
i can remodel a house from top to bottom for 10k... thats includes new sinks... new corian counters..all new applicances.. 1000 sq ft of ceramic tile.. new paint, walls ceilings, everything.. new sod outside with landscaping.. fencing.. all new li ghting fixtures..wall and electical plugs..everything!!!
investors typically got to put around 20% or more down on any given house. so keep liquid cash at all times incase something comes up.. and like i said keep at least 50k in an account in case of emergency... beelive me THEY WILL COME UP and if you are flipping a house it can take 6 or so months of interest only payments.
also go to all the repair places.. .like lowes..home depot.. ace hardware.. or whereever abnd apply for a commercial account and use the cards as much as possible... beelive me it will help in long run because they will give commercial accounts incentives liek 10% off.. etc etc... saves money in long run and lets you hold on to your li quid cash if you need it.
if you do this.. set up a business.. its cheap.. this way you dont have to keep paying taxes on money ytou keep in the accounts or reinvest... and you can set up commerical accounts.
btw...im not swimming in anything.. lol...
good luck with the investments.. they can be very good if done right..
stock market is hard to do by the way.,.
you can lose big FAST or make alot.. personally lost about 10k in 3 months and that was me going througha broker.... bad idea.. lol
btw ... hope that helps.. sorry everything is so scattered..
also since my dad is in the car business.. i always have a few cars for sale too..
i got 4 cars right now.. 2 of which is for sale to make some extra cash.. since i dont really touch my commerical acounts or money so i dont gotta pay taxes...
