• Post Reply Bookmark Topic Watch Topic
  • New Topic
programming forums Java Mobile Certification Databases Caching Books Engineering Micro Controllers OS Languages Paradigms IDEs Build Tools Frameworks Application Servers Open Source This Site Careers Other Pie Elite all forums
this forum made possible by our volunteer staff, including ...
Marshals:
  • Campbell Ritchie
  • Jeanne Boyarsky
  • Ron McLeod
  • Paul Clapham
  • Liutauras Vilda
Sheriffs:
  • paul wheaton
  • Rob Spoor
  • Devaka Cooray
Saloon Keepers:
  • Stephan van Hulst
  • Tim Holloway
  • Carey Brown
  • Frits Walraven
  • Tim Moores
Bartenders:
  • Mikalai Zaikin

Did any one try real estate business?

 
Greenhorn
Posts: 12
  • Mark post as helpful
  • send pies
    Number of slices to send:
    Optional 'thank-you' note:
  • Quote
  • Report post to moderator
In 2001, I was laid off two times one in April and another in October. Though I am lucky found another job within two months, my pay was cut each time with my new job. During those times, my stock holding tanked.
Start spring of 2002, I looked at income properties. I bought one run down apartment building and one foreclosure commercial building. My weekend and holidays are filled with hard working days: fix the roof, floor, pluming or bargain with contractors. At this point, I see my side job is returning more profit than my day job did.
Originally, I try to make up my lost income from real estate. At this point, I am thinking of retire early or running my own high tech business.
There are many opportunities and success route. Hope my experience will give you different view.
Jack
 
Ranch Hand
Posts: 3404
  • Mark post as helpful
  • send pies
    Number of slices to send:
    Optional 'thank-you' note:
  • Quote
  • Report post to moderator
There are tax benefits to buying arms.
 
HS Thomas
Ranch Hand
Posts: 3404
  • Mark post as helpful
  • send pies
    Number of slices to send:
    Optional 'thank-you' note:
  • Quote
  • Report post to moderator
I meant farms. Jeez, must be the wine!
 
Rancher
Posts: 13459
Android Eclipse IDE Ubuntu
  • Mark post as helpful
  • send pies
    Number of slices to send:
    Optional 'thank-you' note:
  • Quote
  • Report post to moderator
"arms" Gave me a giggle though
I've seen several work mates move into real-estate and other income maximising schemes, but I'm not sure if this a reaction to changes in the job market or something they'd do anyway.
 
Die Fledermaus does not fear such a tiny ad:
a bit of art, as a gift, the permaculture playing cards
https://gardener-gift.com
reply
    Bookmark Topic Watch Topic
  • New Topic