some of my contacts are all over that stuff...
i find it sketchy though. a lot of those clients aren't too concerned with human lives, so to speak...
Steady 4-5% annual return on $5 million
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i find it sketchy though. a lot of those clients aren't too concerned with human lives, so to speak...
Actually, the process is very sustainable, since you're just thining out the stand. If it's not sustainable it will quickly lose value.
One of my metrics was taken from the gas usage of the location, to determine the dryer usage and then estimate the washing machine income off that. people may leave a faucet on to skew figures or just have wasteful toilets or constant diarrhea, but no one leaks gas on purpose :338:
due. diligence.
There is a lot to learn here, it's not easy. This is how I made some money in college, but the learning curve was immense. I had to deal with renovations and constant repairs, Tenant issues, etc. it's definitely not minimal work. In my experience, talking to a broker has always been less painful than talking to a contractor.
In addition, the great deals are generally not in urban locations, they're all in up and coming areas, so if you make good decisions and you live in the city you will probably have a solid commute to your investment property.
If you really want to go this route, i'd suggest a garden apartment style, or small apt. building, less roofs, less boilers, more tenants/income than buying tons of single families.
If you have five million dollars, i would suggest you learn something about investing. don't be a retard. I'm sure that money wasn't accumulated through laziness.
You need a financial advisor.
Do NOT put all your money in gold. Putting more than 5-10% of your money in metals is an extremely stupid idea.
The best proven way to make long term gains is to put the majority of your money in broad low-fee index funds and leave it there forever.
Trying to speculate on individual stock investments is about the same as going to vegas and playing craps all day with your money.
Do NOT put all your money in gold. Putting more than 5-10% of your money in metals is an extremely stupid idea.
The best proven way to make long term gains is to put the majority of your money in broad low-fee index funds and leave it there forever.
Trying to speculate on individual stock investments is about the same as going to vegas and playing craps all day with your money.
Buy Old/Trusted/well ranked Content websites oh... you didn't want to work...
Buy successful forums .. Have the old owner continue as a moderator for a profit share or fee...... You will have recouped ur investment in 2 years or less if you are lucky.. after that it is going to be profit all the way..
Buy several forums..
pet forums / hobby forums / tech forums
Buy successful forums .. Have the old owner continue as a moderator for a profit share or fee...... You will have recouped ur investment in 2 years or less if you are lucky.. after that it is going to be profit all the way..
Buy several forums..
pet forums / hobby forums / tech forums
^This too, read all the books by John C. Bogle, founder of Vanguard. There's a 'bogleheads' forum which is also extremely informative for this type of investor.
Wow, I am not talking about criminal, while yea, there is a risk of non/late payment of that deposits. Coverage insurance is like $5000, not $100k like US. This is for local currency UAH, for USD it's like 10% yearly interest, just put it on banks from top 10, I can point them if needed and sooner or later you will get it. Post crisis picture is not so dark as it may seem, lot of banks returned all monies + %, some paid too, but with decent delays, some not all sum once, and honestly a few went bankrupt but debts will be paid by next owner (better than nothing). Hell, what do you expect 100% guarantee on bank interest ? Keep dreaming
If they aren't too concerned with human lives, then prostites, drugs, weapon, slavery, human transplantation, kidnaping, etc. bring a lot more.:338:
Thoughts on commercial properties? An acquaintance purchased a plaza for $2.5 million down on a $5 million property, the rest was financed by the bank. Currently nets ~$70k/month with that property.
Commercial Real Estate is the best, but $5mill is not much for this type of investment. First off whatever you do put 4mill somewhere else, and use 1 mill for investing. Obviously spend the next year or two educating yourself on everything. We don't know your background I just hope you are some what educated and logical.
Anyhow, a commercial property is good, especially now but like anything else location location location. You may even look into building, right now you'll easily get 50% from a commercial real estate development from the bank.
Sell it in 5-10 years, you'll be banking.
or just fucking move to mexico or bahamas and just live off the money, because trust me this once you start the race you will never be content, and most of the sht you think matters don't.
You'll be much happier living on and island reading books and surfing for the rest of your life rather than playing this game.
To each his own, and just remember this is very ADDICTING.
Anyhow, a commercial property is good, especially now but like anything else location location location. You may even look into building, right now you'll easily get 50% from a commercial real estate development from the bank.
Sell it in 5-10 years, you'll be banking.
or just fucking move to mexico or bahamas and just live off the money, because trust me this once you start the race you will never be content, and most of the sht you think matters don't.
You'll be much happier living on and island reading books and surfing for the rest of your life rather than playing this game.
To each his own, and just remember this is very ADDICTING.
I would be careful with real estate. I have a friend who inherited a good amount of money though not nearly as much as you.
Anyway, he took some other peoples advice and started buying up property all around the state. Before he knew it he didn't have enough money to pay property taxes on all of them.
It wasn't that big of a deal. He started renting them out and had enough in no time. Just be more prepared than he was.
oh and I don't know about where any of you guys live but personally if I had the money I would open a McD's. I hate eating there but I've lived in a few different cities and have traveled the states a bit... never seen one closed down. I'm sure others have but McD's seem to stay open. Might be a good investment.
Anyway, he took some other peoples advice and started buying up property all around the state. Before he knew it he didn't have enough money to pay property taxes on all of them.
It wasn't that big of a deal. He started renting them out and had enough in no time. Just be more prepared than he was.
oh and I don't know about where any of you guys live but personally if I had the money I would open a McD's. I hate eating there but I've lived in a few different cities and have traveled the states a bit... never seen one closed down. I'm sure others have but McD's seem to stay open. Might be a good investment.
Open Deposit accounts in developing countries and they'd pay you upto 10% interest. Atleast thats what we have in India
The answer obviously depends on risk tolerance, etc... but I would look into the permanent portfolio strategy. Basically you have 4 sections to your overall portfolio. You have your bonds, your gold/inflation trade, your equities, and then your higher risk stuff.
So if there is high inflation (which there is right now, look at money supply) you have the gold to protect your wealth. If there is a boom in the stock market like in the 90's you have your index funds to take advantage of that, if there is deflation you have bonds/treasuries, and you have your high risk high return stuff.
I would really learn Austrian economics which should then teach you to see whats coming to the american economy. (read: inflation and devaluation).
So if there is high inflation (which there is right now, look at money supply) you have the gold to protect your wealth. If there is a boom in the stock market like in the 90's you have your index funds to take advantage of that, if there is deflation you have bonds/treasuries, and you have your high risk high return stuff.
I would really learn Austrian economics which should then teach you to see whats coming to the american economy. (read: inflation and devaluation).
Diversification will minimize risk, and with todays economy the way it is, asset protection should be very high on the list. Holding cash could one of the riskiest things to hold.
Regarding financial advisers and financial professionals, while you probably should seek their advice, i think the past 2 years has taught us that they also have no fucking idea what they are doing. So do plenty of your own research.
Regarding financial advisers and financial professionals, while you probably should seek their advice, i think the past 2 years has taught us that they also have no fucking idea what they are doing. So do plenty of your own research.
...wait, where are the domainers in this thread? I figured for sure someone would've thrown that out as an option.
I used to be in the hard money business, lending $ to real estate investors who did fix-and-flips and such. You can pretty easily do 12-15% plus points with private mortgages on well-collateralized properties (never more than 70% LTV). Kind of a pain in the ass though, so nevermind... heh
Commercial real estate can be pretty sweet if you find a good property and have a reputable firm manage it for you so you can stay out of the day-to-day BS. OR, call a few local commercial brokers or property managers to ask if they know of any group ownership (aka Tenant In Common (TIC)) opportunities. Basically, it's a way to spread your investment across a number of commercial properties to avoid the all-eggs-in-one-basket scenario. You end up owning part of a number of larger properties rather than 100% of one smaller one. Look into it if you're interested.
I used to be in the hard money business, lending $ to real estate investors who did fix-and-flips and such. You can pretty easily do 12-15% plus points with private mortgages on well-collateralized properties (never more than 70% LTV). Kind of a pain in the ass though, so nevermind... heh
Commercial real estate can be pretty sweet if you find a good property and have a reputable firm manage it for you so you can stay out of the day-to-day BS. OR, call a few local commercial brokers or property managers to ask if they know of any group ownership (aka Tenant In Common (TIC)) opportunities. Basically, it's a way to spread your investment across a number of commercial properties to avoid the all-eggs-in-one-basket scenario. You end up owning part of a number of larger properties rather than 100% of one smaller one. Look into it if you're interested.
