Need Real Finance Advice?

[Murrdog9000]

@Jammer

Buy buy buy. Real Estate is king, even, and especially now. Do not use your money unless absolutely necessary, and rarely should it be if your at all saavy.

PMI is okay, if a tenant is paying it.I usually buy with no money down… now I can buy without a bank. The longer you wait, the less you make.

Personally, I am back into accumulation after 2.5 years of a sell off… that said I have sold 4 propertires, and flipped 7 in those two years. Bought the house JClark just moved out of, closed on a two family in Colonie, and have a contract out on a 2 family in Bethlehem, and trying to wiggle into a 5 unit compound in Colonie.

I do this with minimal money (except for JClarks old place which was purchased with profit from the 4 properties sold just prior).

The point is not to air out my holdings, I simply reveal this as I am a very firm believer in letting other people pay for my real estate. In 25 years will it matter if the unthinkable happens and real estate values drop in half? No, cause half is alot when tenants paid for it. If stocks drop in half, and they might, if say, a radioactive dirty bomb takes out Chicago, then my hard earned money that paid for stocks is gone. Real Estate is king.

Yes I have a traditional stock/fund/gold portfolio, but thats not what will give me reckless sprending … Life happens with real estate… WHEN bought RIGHT is when you can grow a living from it. There is potential that a handful of you on here might act… and I am happy to assist with those who are serious. Alot of grat RE agents in the area, but consider an agent who is also an investor. Would you buy a car from a guy who doesnt drive?

Holy shit…+rep for some informative shit. I agree though, If you can invest in real estate in a smart way… do it.