Crypto currencies are a long way from meeting any of these requirements at this stage. Until they do buying into them is simply shooting dice at the casino.

That's why I mine them, already had the computers laying around.  Sure beats mining for precious metals.

Whole point of a crypto currency is that it's secure supposedly.

going to have to come back to this one, to much to type tonight to get caught up in this discussion.

@Freckle

disregard my comments in the other post.  I can continue the discussion here.

Tech is the future, just need a reset in the states to get rid of the Fed and big gov!  Killing this country!

Appreciation is a trickier game to play than just cash flow.  If you know your areas well and can find some niche area's transitioning or gentrifing.  You can see about the same money in appreciation as you would in a year of rents.  It's not "hoping" if you know how to play your cards.

@Freckle,

How you feeling about crypto currency?  Read an…[Read more]

I would stay well away from Kyler Rice. His way of "helping" me was to place a squatter in a home that I foreclosed on and that was the last I heard of him.  Similarly, Alex Franks from Charlotte, South Carolina.  I lent this guy money and finally had to foreclose on him when he couldn't sell the property.  Not an apology, email or word from him…[Read more]

I buy them in the cities i work in and will partner with other people that work there markets.  We do it mostly for rentals but if we can get them with clean title's with no liens they can be great money makers.  Currently getting some deals from a fellow that bought some cheap properties in 2008.  These are tax sales, haven't worked with the…[Read more]

I guess your saying you want 15 graphs and a couple case studies with hard facts for you?

The example I listed above shows that prices have went up, there are more buyers.  Over seas investors now have more competition as the hedge funds and US buyers come back.  

I would like know why the OZ investor is tapping equity in there homes there to…[Read more]

Just post it here.  Last time that happened Freckle blasted a lady, trolled on her hard  Wonder if i could still find that?

And what would they be then??

The Freckle

Well properties aren't as cheap as they where in 07-08.  Used to buy brand new in Florida for 35,000 back in the day, now your lucky if you can get something close to that for 100,000. 

We aren't going broke….. 

10k is a bit light, but more around 15k and you can make it cash flow nicely for around 500 to 600 a month.  B/C class type of property.

Ah Freckle and Shanin, 

Let young Engelo tell you his greet experiences, I have heard some great stories from his business partners.  What a crazy fellow he is!

Update:

Flipped the above mentioned four unit for a profit of 42,000!

How's that for a flip with a 26,000 purchase and 10K rehab

LOL, u guys are to much sometimes.  I got replies for both of you.  Been MIA with my wedding and honeymoon

Nothing speaks more volume than to just let somebody talk to a partner that you work with from the same country.

What kills me is the people that ask tons of questions and never intended to buy and just wanted to squeeze you for knowledge

Aussie spruiker, lol.

Bet it all on the black!  I always do

@ Alex

Had heard he was in town, I hadn't talked to him much since last spring.  He partnered up with a friend of mine and has been selling C class properties.  I generally keep the C's for myself

Word of mouth does spread fast!  I'm to the point i can't keep up with how much my partners want todo.  Have a group coming late January and i heard…[Read more]

Thanks Ziv,

We should do a flip, then you can tell the people you forwarded

lol, joking. 

All the weasal got was some time and i didn't really didn't lose any money.

There really isn't to much risk even for the money man, all rent is paid to him until sale of the flip.  Longest flip i had to hold until sale was 4 months that involved a…[Read more]

Well the only crook i have worked with was a weasal from Sydney. 

In my case my partners provide the capital, I do most of the hard work.  They sit back and relax while i make us money, lol.

Nigel, i can have you contact my partner in Brisbane if you like.  Do a flip with me and see for yourself