Who wants to make money in Real Estate?

Jump to Last Post 1-15 of 15 discussions (20 posts)
  1. profile image51
    Donte Mazyckposted 15 years ago

    Now is the time to step into the real estate industry and make money.  Warren Buffet, the worlds richest man, said during turmoil is the time to make staggering profits.  With the real estate market close to the bottom its time to get into houses and ride the appreciation or profit potential like a buoy. 

    I want to know what people thoughts are with the current market crisis.

    1. profile image0
      Leta Sposted 14 years agoin reply to this

      He's right.  wink  But you have to be smart about it.

    2. Cheri Schultz profile image59
      Cheri Schultzposted 14 years agoin reply to this

      We are not at the bottom yet.  I work in the Real Estate / Title industry and we still have not experienced the Commercial side.  We are experiencing the foreclosures and short sales from the homeowner but we haven't begun to see the foreclosures from the commercial side - and they are coming!

  2. Mark Knowles profile image59
    Mark Knowlesposted 15 years ago

    We are no where near rock bottom yet.

    But if you have some money to lend, I have an interesting ski resort that I need around $100 million to buy. smile

    1. Lissie profile image78
      Lissieposted 15 years agoin reply to this

      That one in New Zealand I told you about shouldn't cost much on US$10 million -even less with current exchange risks

  3. ngureco profile image80
    ngurecoposted 15 years ago

    Real estate market close to the bottom? You ain't seen anything yet. Rule of the thumb is: if a market is in a downtrend, it will continue to do so until it proves otherwise. Keep away from these markets at least for now. These markets are falling knives that you are attempting to catch.

  4. Misha profile image63
    Mishaposted 15 years ago

    LOL you guys just love to talk to spammers, don't you? wink

    1. Mark Knowles profile image59
      Mark Knowlesposted 15 years agoin reply to this

      It makes me look cleverer than I am big_smile

  5. LondonGirl profile image82
    LondonGirlposted 15 years ago

    How to make a small fortune in property at the moment?

    Start with a large one.

  6. rosie2305 profile image60
    rosie2305posted 15 years ago

    I agree with London Girl. With all the turmoil going on in the financial markets currently, god knows where it is all going to end up.
    I live in Spain, and there is an enormous over supply of properties and the experts predict that it could take many more years before prices start to pick up again.
    Anyone thinking of investing in property, should only consider countries that have a shortfall in the number of properties available, like the UK for instance, but only when prices have bottomed out. There are more people needing homes in the UK than are being built. I think that prices need to come down a lot more to enable the first time buyer to get a foot hold on the first rung and secondly, this credit squeeze needs to release its grip and allow people to obtain the mortgages they need in order to buy again.
    It seems these boom and bust property scenarios are fairly predictable, around every eight to ten years but this time it is far worse because of the global financial problems and as said previously we just don’t know how its all going to pan out. I for one cannot see prices going up again for a long time.

  7. ibuyhomes profile image60
    ibuyhomesposted 15 years ago

    All real estate is local. There are places where the prices did not go up that much and are not going down that much.
    But places like Orlando, where I buy and sell homes, have taken a tremendous hit. It is so funny to me. When the market was going up the gurus were saying this the best market of all time to buy. Now when it is down, they are saying the same thing.
    I think caution is the optimal word for this market. You have to get an amazing steal, like a minimum of 40% discount to even consider buying homes for a investment.

    That being said, there are plenty of place where you can still buy and cash flow a single family home all day long. Rents are also going down at the same time as taxes and insurance is going up. Crazy business but it sure beats having a job that you could lose.

  8. Reealjrd profile image60
    Reealjrdposted 15 years ago

    Real state business is now not good as these sector is coming down. And people having their own land and buildings are just selling it off.

  9. profile image57
    realestatelicenseposted 14 years ago

    Now is the perfect time. Check out our post. <no links please!>

  10. Sexy jonty profile image58
    Sexy jontyposted 14 years ago

    I don't want to make money through real estate ....

    1. bukan profile image60
      bukanposted 14 years agoin reply to this

      Me too

  11. MikeNV profile image69
    MikeNVposted 14 years ago

    Warren Buffet is investing in Energy and Food. Your use of his name is misplaced.

    Pay attention to what Cheri has said all the Realtors I know that are on top of the game know about the impending foreclosures in the commercial markets.

  12. ColeenB profile image60
    ColeenBposted 14 years ago

    I think we're close to the bottom. First time buyers who have jobs are starting to get into the market. That will be the first segment of the market to recover. I think the larger homes will go down a little more. If you're looking to invest, those entry level homes are good to rent out. You have to look at it in the local market you want to invest in. If you can buy a condo or small home and rent it out so that you break even, or almost break even, you can't go wrong. You have to do your homework about the rent values, though. If vacancy rates are high, you'll have to rent for a low price to make sure you have tenants.

  13. profile image0
    wvlegacyposted 14 years ago

    The greatest opportunities are sometimes presented in the midst of a chaotic situation. I have friends who are doing well with Property Management right now. My friends who got a little greedy with acquiring properties are hurting right now.

  14. Casper021 profile image59
    Casper021posted 14 years ago

    with real estate there is a saying " bargain of a lifetimes comes once a week". Investing into property is good as long as you know what you buying and you buying at a right price

  15. samsbr profile image41
    samsbrposted 14 years ago

    If you want to make money from real estate you can also contact the moving companies agents that will helps you too smile


This website uses cookies

As a user in the EEA, your approval is needed on a few things. To provide a better website experience, hubpages.com uses cookies (and other similar technologies) and may collect, process, and share personal data. Please choose which areas of our service you consent to our doing so.

For more information on managing or withdrawing consents and how we handle data, visit our Privacy Policy at: https://corp.maven.io/privacy-policy

Show Details
HubPages Device IDThis is used to identify particular browsers or devices when the access the service, and is used for security reasons.
LoginThis is necessary to sign in to the HubPages Service.
Google RecaptchaThis is used to prevent bots and spam. (Privacy Policy)
AkismetThis is used to detect comment spam. (Privacy Policy)
HubPages Google AnalyticsThis is used to provide data on traffic to our website, all personally identifyable data is anonymized. (Privacy Policy)
HubPages Traffic PixelThis is used to collect data on traffic to articles and other pages on our site. Unless you are signed in to a HubPages account, all personally identifiable information is anonymized.
Amazon Web ServicesThis is a cloud services platform that we used to host our service. (Privacy Policy)
CloudflareThis is a cloud CDN service that we use to efficiently deliver files required for our service to operate such as javascript, cascading style sheets, images, and videos. (Privacy Policy)
Google Hosted LibrariesJavascript software libraries such as jQuery are loaded at endpoints on the googleapis.com or gstatic.com domains, for performance and efficiency reasons. (Privacy Policy)
Google Custom SearchThis is feature allows you to search the site. (Privacy Policy)
Google MapsSome articles have Google Maps embedded in them. (Privacy Policy)
Google ChartsThis is used to display charts and graphs on articles and the author center. (Privacy Policy)
Google AdSense Host APIThis service allows you to sign up for or associate a Google AdSense account with HubPages, so that you can earn money from ads on your articles. No data is shared unless you engage with this feature. (Privacy Policy)
Google YouTubeSome articles have YouTube videos embedded in them. (Privacy Policy)
VimeoSome articles have Vimeo videos embedded in them. (Privacy Policy)
PaypalThis is used for a registered author who enrolls in the HubPages Earnings program and requests to be paid via PayPal. No data is shared with Paypal unless you engage with this feature. (Privacy Policy)
Facebook LoginYou can use this to streamline signing up for, or signing in to your Hubpages account. No data is shared with Facebook unless you engage with this feature. (Privacy Policy)
MavenThis supports the Maven widget and search functionality. (Privacy Policy)
Google AdSenseThis is an ad network. (Privacy Policy)
Google DoubleClickGoogle provides ad serving technology and runs an ad network. (Privacy Policy)
Index ExchangeThis is an ad network. (Privacy Policy)
SovrnThis is an ad network. (Privacy Policy)
Facebook AdsThis is an ad network. (Privacy Policy)
Amazon Unified Ad MarketplaceThis is an ad network. (Privacy Policy)
AppNexusThis is an ad network. (Privacy Policy)
OpenxThis is an ad network. (Privacy Policy)
Rubicon ProjectThis is an ad network. (Privacy Policy)
TripleLiftThis is an ad network. (Privacy Policy)
Say MediaWe partner with Say Media to deliver ad campaigns on our sites. (Privacy Policy)
Remarketing PixelsWe may use remarketing pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to advertise the HubPages Service to people that have visited our sites.
Conversion Tracking PixelsWe may use conversion tracking pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to identify when an advertisement has successfully resulted in the desired action, such as signing up for the HubPages Service or publishing an article on the HubPages Service.
Author Google AnalyticsThis is used to provide traffic data and reports to the authors of articles on the HubPages Service. (Privacy Policy)
ComscoreComScore is a media measurement and analytics company providing marketing data and analytics to enterprises, media and advertising agencies, and publishers. Non-consent will result in ComScore only processing obfuscated personal data. (Privacy Policy)
Amazon Tracking PixelSome articles display amazon products as part of the Amazon Affiliate program, this pixel provides traffic statistics for those products (Privacy Policy)
ClickscoThis is a data management platform studying reader behavior (Privacy Policy)