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Author Topic: Who say real estate investment was not a good investment?  (Read 76235 times)

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Offline hmgROCK

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Re: Who say real estate investment was not a good investment?
« Reply #15 on: July 31, 2019, 01:18:39 PM »
Yeah, amazon after the fact right?

Having close to half a million dollars and investing it all in one shot is a high risk gamble.  All in on the superbowl to double up in 3 hours game.   :2funny:

yeah
that's what you pretty much doing with buying a house
$425k loan on one thing, house

i don't recommend you buy single stock or all your money on housing investment


REAL TALK, NO BS
some of my real estate guy friend
they are just starting to recover from the 2008 crashes
yes, 10+ years later



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Offline hmgROCK

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Re: Who say real estate investment was not a good investment?
« Reply #16 on: July 31, 2019, 01:21:42 PM »
You may make the error but I did not.

"which has increased by $12,702 in the last 30 days"  152,424K a year if this keeps up.  152424K - 17K = win   :2funny:

it doesn't go up $12k every month
that's not how stuff works
it goes up and down



Jan.         $12k
Feb.       -$12k
march    $13k
april       -$6k
may       8k
june        -$10k

you get the point

this is a more realistic estimate
but yes, over the long term, it will go up




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Offline DuMa

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Re: Who say real estate investment was not a good investment?
« Reply #17 on: July 31, 2019, 01:22:08 PM »
yeah
that's what you pretty much doing with buying a house
$425k loan on one thing, house

i don't recommend you buy single stock or all your money on housing investment


REAL TALK, NO BS
some of my real estate guy friend
they are just starting to recover from the 2008 crashes
yes, 10+ years later


Those that are not weak hands but held during the 2008 crash can sell their house today for a big pay day.  Unlike stocks, when a company goes out of business, you lose all.   Even a burnt house has a value of at least $1   O0



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Offline hmgROCK

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Re: Who say real estate investment was not a good investment?
« Reply #18 on: July 31, 2019, 01:24:04 PM »
Those that are not weak hands but held during the 2008 crash can sell their house today for a big pay day.  Unlike stocks, when a company goes out of business, you lose all.   Even a burnt house has a value of at least $1   O0

i bought my house back in the housing market
like at almost at the bottom
and my house value only went 1.5x

REAL TALK, no BS




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Offline DuMa

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Re: Who say real estate investment was not a good investment?
« Reply #19 on: July 31, 2019, 01:30:27 PM »
it doesn't go up $12k every month
that's not how stuff works
it goes up and down



Jan.         $12k
Feb.       -$12k
march    $13k
april       -$6k
may       8k
june        -$10k

you get the point

this is a more realistic estimate
but yes, over the long term, it will go up

You forgot what the focal is. 

The point of the thread is your house may appreciate in value that far exceeds your monthly income.  That's the focal. 




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Offline DuMa

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Re: Who say real estate investment was not a good investment?
« Reply #20 on: July 31, 2019, 01:31:52 PM »
i bought my house back in the housing market
like at almost at the bottom
and my house value only went 1.5x

REAL TALK, no BS


That means you probably make $2 a month on your house. 

If you want to see your rate of earning per month, you do the math right.  I don't see your figures so I can not do for you.  Only you can do your own  math and lets hope that it is good math this time around.   :2funny:



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Offline DuMa

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Re: Who say real estate investment was not a good investment?
« Reply #21 on: July 31, 2019, 01:36:04 PM »
Now if I want to see where the housing market is going, I'll just take a survey from month to month to see if the new figures for august will meet or exceed my 12k numbering. 

If house is payed off, don't be a weak hand.  If market crash like 2008 recession, just hold.  She will fly again but you must live long enough to see it. 



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Offline hmgROCK

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Re: Who say real estate investment was not a good investment?
« Reply #22 on: July 31, 2019, 02:41:33 PM »
Now if I want to see where the housing market is going, I'll just take a survey from month to month to see if the new figures for august will meet or exceed my 12k numbering. 

If house is payed off, don't be a weak hand.  If market crash like 2008 recession, just hold.  She will fly again but you must live long enough to see it.

i bought my house when it hit rock bottom in 2009ish
just pure luck, once in a lifetime
young and working and house were dirt cheap

houses price goes up and down
could be $12k this month and -$12k next month
nobody knows
buy low, sell high

pic of my basement







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Offline hmgROCK

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Re: Who say real estate investment was not a good investment?
« Reply #23 on: July 31, 2019, 02:43:49 PM »
real life home investment is too hard for me

just buy some REIT stock and be done with
no dealing with customer, fixing stuff, closing, etc..

thats my advice to you
we know about how you got scam of $500 by an electrician

VGSLX

https://investor.vanguard.com/mutual-funds/profile/performance/vgslx



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Online theking

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Re: Who say real estate investment was not a good investment?
« Reply #24 on: July 31, 2019, 11:32:28 PM »
That means you probably make $2 a month on your house. 

If you want to see your rate of earning per month, you do the math right.  I don't see your figures so I can not do for you.  Only you can do your own  math and lets hope that it is good math this time around.   :2funny:

Man, you're like the third or forth PH members that have publicly called him out on his poor "math" skills.. ;D ;D ;D



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Online theking

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Re: Who say real estate investment was not a good investment?
« Reply #25 on: July 31, 2019, 11:34:32 PM »
real life home investment is too hard for me

just buy some REIT stock and be done with
no dealing with customer, fixing stuff, closing, etc..

thats my advice to you
we know about how you got scam of $500 by an electrician

VGSLX

https://investor.vanguard.com/mutual-funds/profile/performance/vgslx

Why do all that just to be a "little fish" when you can just hit the lotto and be a big fish now since you're the "hmong Nostradamus and is always right"??   ???



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Offline hmgROCK

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Re: Who say real estate investment was not a good investment?
« Reply #26 on: August 01, 2019, 07:09:36 AM »
You forgot what the focal is. 

The point of the thread is your house may appreciate in value that far exceeds your monthly income.  That's the focal.

it doesn't work like that
you not going get a straight line to the moon
$12k month after month after month
(graph chart is just an example)

this is what you are thinking off
just a straight line to the moon



this is a more realistic movement
it goes up and down, into a upward bullish trend when stuff is good
and bearish when it is bad

your $150k annually home value every year is wishful thinking    :2funny: :2funny:




« Last Edit: August 01, 2019, 07:11:40 AM by hmgROCK »

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Offline DuMa

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Re: Who say real estate investment was not a good investment?
« Reply #27 on: August 01, 2019, 09:27:17 AM »
it doesn't work like that
you not going get a straight line to the moon
$12k month after month after month
(graph chart is just an example)

this is what you are thinking off
just a straight line to the moon



this is a more realistic movement
it goes up and down, into a upward bullish trend when stuff is good
and bearish when it is bad

your $150k annually home value every year is wishful thinking    :2funny: :2funny:



You are still missing the point. 

No where have anyone here say that the appreciation value will always be of the same value, month to month to infinity stone. 

The focal once again is that some housing do rises in a particular month which may exceed your monthly income.  If your house is payed off, you get payed for doing nothing.  Just be beautiful and get payed  handsomely.   :2funny:



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Offline hmgROCK

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Re: Who say real estate investment was not a good investment?
« Reply #28 on: August 01, 2019, 10:19:32 AM »
You are still missing the point. 

No where have anyone here say that the appreciation value will always be of the same value, month to month to infinity stone. 

The focal once again is that some housing do rises in a particular month which may exceed your monthly income.  If your house is payed off, you get payed for doing nothing.  Just be beautiful and get payed  handsomely.   :2funny:

and im saying that it may or may not raise
it may or may not fall

nobody knows

it goes up and down
just cause this month is a good month
don't mean next month is going be a good month

YOU GOT BULLISH TREND
and BEARISH trend


your house value is not going keep going up $150k in value every single year
that is wishful thinking


i got my house for dirt cheap when it hit rock bottom in 2009ish



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Offline DuMa

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Re: Who say real estate investment was not a good investment?
« Reply #29 on: August 01, 2019, 10:47:58 AM »
and im saying that it may or may not raise
it may or may not fall

nobody knows

it goes up and down
just cause this month is a good month
don't mean next month is going be a good month

YOU GOT BULLISH TREND
and BEARISH trend


your house value is not going keep going up $150k in value every single year
that is wishful thinking


i got my house for dirt cheap when it hit rock bottom in 2009ish

Maybe you should check to see if your house rises enough in a month where you don't have to work so you can have the free time to hunt and fish more.  Building equity, one month at a time.   O0



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