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Author Topic: Who say real estate investment was not a good investment?  (Read 9370 times)

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Offline DuMa

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Re: Who say real estate investment was not a good investment?
« Reply #30 on: August 01, 2019, 10:51:53 AM »
The Zestimate for this house is $428,373, which has increased by $6,474 in the last 30 days.

Well I guess the new month means new pricing.  Still rising.  Like having someone work and give you their pay check. 




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Offline hmgROCK

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Re: Who say real estate investment was not a good investment?
« Reply #31 on: August 02, 2019, 09:48:28 AM »
The Zestimate for this house is $428,373, which has increased by $6,474 in the last 30 days.

Well I guess the new month means new pricing.  Still rising.  Like having someone work and give you their pay check.

it goes up and down, bro
$12k last month, $6k this month
might be -$12k next month or $0

who knows

i thought you were just sitting on it???
you need to get some tenant to paid for it

 O0 O0

thats the way to go
or start flipping houses

buy low, fix upgrade, than resell for high



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Offline DuMa

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Re: Who say real estate investment was not a good investment?
« Reply #32 on: August 02, 2019, 01:39:16 PM »
it goes up and down, bro
$12k last month, $6k this month
might be -$12k next month or $0

who knows

i thought you were just sitting on it???
you need to get some tenant to paid for it

 O0 O0

thats the way to go
or start flipping houses

buy low, fix upgrade, than resell for high

Until you sell it will you get the price.  Right now is just valuation.  Like I said, not liquid.  Amazon boss bozo sold 1 billion dollars of his own Amazon stocks to fund his space project company.  He does this every year.  No problem he has more billions but not liquid till he sells them. 

Like I also said, I'm doing this to track the strength of the housing market.  It may not be a good indicator because the pricing is based upon the land mostly.  Could be my area is a hot spot while the rest are suffering.  I'm planning to get more but I'm hunting for them outskirts of a city homes.  When the bay area market prices rises even further, workers there will flock over to other cities to live which rises the value of my property.  Indicators are already there.  Road construction, paving roads, creating an extra lane and yet, still stuck in traffic.  More and more are commuters these days.  Milliniums are at that age of reasoning.  Bank on the indicators and not on the feelings alone. 



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Offline hmgROCK

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Re: Who say real estate investment was not a good investment?
« Reply #33 on: August 02, 2019, 01:58:50 PM »
Until you sell it will you get the price.  Right now is just valuation.  Like I said, not liquid.  Amazon boss bozo sold 1 billion dollars of his own Amazon stocks to fund his space project company.  He does this every year.  No problem he has more billions but not liquid till he sells them. 

Like I also said, I'm doing this to track the strength of the housing market.  It may not be a good indicator because the pricing is based upon the land mostly.  Could be my area is a hot spot while the rest are suffering.  I'm planning to get more but I'm hunting for them outskirts of a city homes.  When the bay area market prices rises even further, workers there will flock over to other cities to live which rises the value of my property.  Indicators are already there.  Road construction, paving roads, creating an extra lane and yet, still stuck in traffic.  More and more are commuters these days.  Milliniums are at that age of reasoning.  Bank on the indicators and not on the feelings alone.


Its hard to get multiple $425k loans

Check out ticker $VGSLX
Its vanguard real estate index
If you invest $10k back in 2008
You would have gotten $40k

4x your money
No BS talk
$3,000 minimum to join

Check it out man
If you are into real estate without fixing lightbulbs and etc...
This is the way to go



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Offline DuMa

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Re: Who say real estate investment was not a good investment?
« Reply #34 on: August 08, 2019, 11:26:59 AM »
The Zestimate for this house is $425,957, which has increased by $2,805 in the last 30 days.

Not sure how accurate but it looks like the rate of appreciation has weaken.  Could it be because of the market being unstable? 

Well it works for them buyers.  Sellers should hold and buyers should buy in a buyer's market.  'I don't mind take it off the hands of weak players. 




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Offline hmgROCK

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Re: Who say real estate investment was not a good investment?
« Reply #35 on: August 08, 2019, 11:44:26 AM »
The Zestimate for this house is $425,957, which has increased by $2,805 in the last 30 days.

Not sure how accurate but it looks like the rate of appreciation has weaken.  Could it be because of the market being unstable? 

Well it works for them buyers.  Sellers should hold and buyers should buy in a buyer's market.  'I don't mind take it off the hands of weak players.

Its goes up and down
If people have job, people can buy house
House price increases

If no job
People renting, living in the car
Lots of empty house
Demand is low and supply is high
House price drop



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Offline hmgROCK

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Re: Who say real estate investment was not a good investment?
« Reply #36 on: August 13, 2019, 08:04:59 AM »
The Zestimate for this house is $425,957, which has increased by $2,805 in the last 30 days.

Not sure how accurate but it looks like the rate of appreciation has weaken.  Could it be because of the market being unstable? 

Well it works for them buyers.  Sellers should hold and buyers should buy in a buyer's market.  'I don't mind take it off the hands of weak players.

lol

this house been in the market for 23 days
your zestimate at it at $453k
they are selling it at $433
that's a $20k lost

that the thing with housing, antique, and etc...
you can give it any price you want.
shoot, give it a $1 million price tag

but unless you sell it for $1 million

that's is what we call

UNREALIZED LOSE/GAIN





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Offline DuMa

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Re: Who say real estate investment was not a good investment?
« Reply #37 on: August 13, 2019, 09:24:16 AM »
lol

this house been in the market for 23 days
your zestimate at it at $453k
they are selling it at $433
that's a $20k lost

that the thing with housing, antique, and etc...
you can give it any price you want.
shoot, give it a $1 million price tag

but unless you sell it for $1 million

that's is what we call

UNREALIZED LOSE/GAIN




You are missing the point here as well. 

You are quoting a condo in sf at 1 bedroom and 1 bath at a ridiculous price.  You expect people to buy it on the first day at that pricing?   :2funny:

The housing market in the bay area are saturated.  Meaning that it has popped too high to sustain a good enough appreciation rate.  If you know this, you can be the weak hand that will sell your house or try to sell it by dropping the prices lower and lower to catch a buyer. 

It is still a cat and mouse game.  Lets say that the estimated pricing is at half a million.  Why put it on the market at half a mil versus someone who puts it about 480K and consider that you are in a hot market? This will catch buyers to bid up the prices. 

Let me guess.  You never sell a house ever?  Until you do, you will never know the other half of the battle.   O0



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Offline hmgROCK

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Re: Who say real estate investment was not a good investment?
« Reply #38 on: August 13, 2019, 10:18:14 AM »
You are missing the point here as well. 

You are quoting a condo in sf at 1 bedroom and 1 bath at a ridiculous price.  You expect people to buy it on the first day at that pricing?   :2funny:

The housing market in the bay area are saturated.  Meaning that it has popped too high to sustain a good enough appreciation rate.  If you know this, you can be the weak hand that will sell your house or try to sell it by dropping the prices lower and lower to catch a buyer. 

It is still a cat and mouse game.  Lets say that the estimated pricing is at half a million.  Why put it on the market at half a mil versus someone who puts it about 480K and consider that you are in a hot market? This will catch buyers to bid up the prices. 

Let me guess.  You never sell a house ever?  Until you do, you will never know the other half of the battle.   O0

lol

bro some of these houses been sitting in the market for a couples of days and months
death and taxes, man

i won't even trust your zestimate


take a look at this house
its zestimate is $1.25 million
being sold for  $1 million


https://www.zillow.com/homedetails/2826-Ulloa-St-San-Francisco-CA-94116/15122274_zpid/


again you are talking about

UNREALIZED LOSES/GAIN
put whatever price tag you want
but unless you sell it for $1 million


 O0


« Last Edit: August 13, 2019, 10:20:31 AM by hmgROCK »

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Offline hmgROCK

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Re: Who say real estate investment was not a good investment?
« Reply #39 on: August 13, 2019, 10:23:29 AM »
bro

buy low
sell high


right now, stuff is too expensive
espcially the housing market
just wait till it comes back down to earth




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Offline DuMa

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Re: Who say real estate investment was not a good investment?
« Reply #40 on: August 13, 2019, 01:19:50 PM »
lol

bro some of these houses been sitting in the market for a couples of days and months
death and taxes, man

i won't even trust your zestimate


take a look at this house
its zestimate is $1.25 million
being sold for  $1 million


https://www.zillow.com/homedetails/2826-Ulloa-St-San-Francisco-CA-94116/15122274_zpid/


again you are talking about

UNREALIZED LOSES/GAIN
put whatever price tag you want
but unless you sell it for $1 million


 O0

zestimate is not a real figure.  IF you want a better figure, fork our the money and hire an appraisal.  Zestimate is a freebie and with freebie, they  have their own matrix on how they even come up with that market value pricing. 



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Offline DuMa

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Re: Who say real estate investment was not a good investment?
« Reply #41 on: August 13, 2019, 01:22:04 PM »
bro

buy low
sell high


right now, stuff is too expensive
espcially the housing market
just wait till it comes back down to earth

Hurry up and tell trump to make america worse again.  I did not vote for him to make things good again.  I have said it before.  I am voting for anyone that will make america temporary worse again so I can start buying and flipping.  Just like the stock market.  How you like that big dive of late?  Buy on the dip.  Just like yesterday, it was down big but today, it recovered. 



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Offline hmgROCK

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Re: Who say real estate investment was not a good investment?
« Reply #42 on: August 13, 2019, 10:36:55 PM »
zestimate is not a real figure.  IF you want a better figure, fork our the money and hire an appraisal.  Zestimate is a freebie and with freebie, they  have their own matrix on how they even come up with that market value pricing.

lol

you can hire appraisal, zestimate whatever you want bro
but unless you sell it for $1million
that just wishful thinking

kelly blue book on my car say $2,000
i sold it for $500 because no one want to buy it



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Offline hmgROCK

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Re: Who say real estate investment was not a good investment?
« Reply #43 on: August 13, 2019, 10:38:48 PM »
Hurry up and tell trump to make america worse again.  I did not vote for him to make things good again.  I have said it before.  I am voting for anyone that will make america temporary worse again so I can start buying and flipping.  Just like the stock market.  How you like that big dive of late?  Buy on the dip.  Just like yesterday, it was down big but today, it recovered.

hell yeah bro
i bought the dip
and sold it a couple days later
i bought some more this morning and it went up
im holding it tonight, see how it does in the morning



PIC OR IT DIDN'T HAPPEN
screenshot from my phone


buy low, sell high




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