Hi Syed,
Most of my clients are RE investors and realtors. You should check out www.flippinghomes.com
It's a great community of investors and they share resources on flipping and finding investors all over the world.
Laura
Investing in real state is one of the most profitable business today. What are your thoughts on this. Infact I am in real estate too, So how about investing in my projects...???
Hi Syed,
Most of my clients are RE investors and realtors. You should check out www.flippinghomes.com
It's a great community of investors and they share resources on flipping and finding investors all over the world.
Laura
Real Estate isn't so profitable of a business right now, certainly not a good short-term or medium-term investment. I'd argue that real estate returns are generally low enough to make them not much better than somebody with a very modest skillset with the markets.
At least, not in America.. Hotter, developing markets like Dubai, Mumbai.. I could see that as being a different story.
How long will it take for the housing market to bounce back... in the best case scenario?
-Andrey
Investing in real estate is the most profitable business right now here in India, because of the developments which are taking place here in India. For Example - the cost of land has increased 200 hundred times in six months here in Bhopal.
Well, all the people who had invested in real estate in Bhopal have got more than double profits.
Well, remarkable increase in the cost of real estate has been registered here in Bhopal.
Well, you can invest in Farm Houses, Residential Plots, Commercial Plots, Flats, Duplexs, Shops, Agricultural Land, if you want to.
Best Regards, Syed Faiz Mubarak
Well if a 200 times increase has happened watchout for the fall. In Seattle we have been experienceing a little flattening and possible slipage due to the rapid increase in land values.
Florida saw a great surge in real estate values in 2004 and 2005.
Unfortunately, the investors will not stay forever and most of them never intend on owning the property for themselves. They count on flipping and making a profit for themselves.
The big question is... who will the flippers flip to and who will their flippers flip to? In the end, someone gets stuck with the mortgage payment. Caution - The investors will vanish in the night one day...
The thing about real estate, is to be the vulture.
In 2001 the Telecom industry in the united states crumbled. A quote from Worldcom's CEO was "We collectively spent $300bn trying to chase a $67Bn market". During this period, overinvestment was rampant, and hundreds of largely expensive, multi million dollar datacenters went under. Those smart enough to snatch them up for pennies on the dollar between 2002 and 2004 are making a killing now.
Wait for the bust.