Originally posted by miket
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Real Estate Questions for experts (that's all of you)
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Originally posted by 1riot1ranger View PostThis concerns me too. Need a good cash flow investment but real estate/rentals don't look attractive anymore and I'm too old for another stock market bust to boom. Guess do what the TV guy says and BUY GOLD
Don’t rule out other precious metals too! Silver is really affordable right now due to the price being artificially manipulated. There is also a shortage of copper right now. Should we enter into hyperinflation, I’ve got a stash of pre-1981 pennies that are currently worth a little more than $0.02 each, but could easily go up to $0.10 or more. Pre-1965 quarters are selling on eBay right now for $7 or more each! Just 4 years ago you could pick them up for $3 each, even though the spot price of silver hasn’t hardly changed.
I try to invest in common old coins that most of the population knows. That way if there is a crash, I’m not the guy being targeted because I’ve got these crazy rare coins. Keep the gold put away and only use it when things start to recover. Then you can buy everyone else’s stuff who didn’t prepare for pennies on the dollar! Like what Joseph did in Egypt in the Bible!
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Originally posted by M16 View PostThere’s a reason why a lot of money is going into real estate. We are in hyper inflation. Your cash is going to be pretty much worthless. Tangible assets are where it’s at.
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Originally posted by JBJTX81 View PostThis is exactly what I said earlier. If asset prices are inflating be a net owner of assets. Finance them long term with cheap money. Do it now. Buy land buy multi family housing buy rental property buy commercial real estate. And lock it into cheap fixed rate longterm debt...bam you win. Rent it out make a little cash flow on top of covering your debt and and watch the value skyrocket. When you want out sell it for multiples of what you paid.
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Lots of cash investors out there right now gobbling up every piece of real estate that is income producing.
Raw land, still moving slower, though the recreational market is good.
It’s more difficult than just “ go out and buy it “ for the average joeLast edited by txtrophy85; 11-12-2021, 02:58 PM.
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