Comments on: Make Money Investing In Foreclosed Homes http://moneysocket.com/make-money-investing-in-foreclosed-homes/ Building wealth while enjoying life Wed, 20 Aug 2008 18:40:00 +0000 http://wordpress.org/?v=2.6 By: Steve Robins http://moneysocket.com/make-money-investing-in-foreclosed-homes/#comment-5457 Steve Robins Tue, 15 Apr 2008 18:52:36 +0000 http://moneysocket.com/?p=229#comment-5457 So are you guys telling me that my bank CDs are actually earning me a negative return after inflation? Real estate sounds good but I'm weary about dealing with tenants, liability issues etc. I have friends who always complain about tenants trashing their rental. Good advice though Dan, your numbers are solid and the return is sensational on paper...Hopefully I can get into RE one day. So are you guys telling me that my bank CDs are actually earning me a negative return after inflation?

Real estate sounds good but I’m weary about dealing with tenants, liability issues etc. I have friends who always complain about tenants trashing their rental.

Good advice though Dan, your numbers are solid and the return is sensational on paper…Hopefully I can get into RE one day.

]]> By: Max Diez http://moneysocket.com/make-money-investing-in-foreclosed-homes/#comment-5293 Max Diez Sat, 12 Apr 2008 02:32:47 +0000 http://moneysocket.com/?p=229#comment-5293 No, I did not buy it. But thanks for asking, as for your analysis I understand your point about inflation affecting everything (Investment RE, paper, business etc), I just wanted to point out that while your money is making 22% it will end up buying less once you convert your investment into cash instead of an on paper realized gain. Keep up the great posts, I am looking forward to more of your insight about Texas. No, I did not buy it. But thanks for asking, as for your analysis I understand your point about inflation affecting everything (Investment RE, paper, business etc), I just wanted to point out that while your money is making 22% it will end up buying less once you convert your investment into cash instead of an on paper realized gain. Keep up the great posts, I am looking forward to more of your insight about Texas.

]]> By: Danny Tsang http://moneysocket.com/make-money-investing-in-foreclosed-homes/#comment-5274 Danny Tsang Fri, 11 Apr 2008 07:37:30 +0000 http://moneysocket.com/?p=229#comment-5274 Hey Max, inflation would affect the rate of return on anything investment RE, paper, business etc so I usually don't bother with it. I'm strictly basing off of an annualized ROR starting with the 20k investment which is 22% with those numbers. Btw the property just went pending! Did you buy it already haha. Thanks for commenting Hey Max, inflation would affect the rate of return on anything investment RE, paper, business etc so I usually don’t bother with it. I’m strictly basing off of an annualized ROR starting with the 20k investment which is 22% with those numbers. Btw the property just went pending! Did you buy it already haha. Thanks for commenting

]]> By: Max Diez http://moneysocket.com/make-money-investing-in-foreclosed-homes/#comment-5273 Max Diez Fri, 11 Apr 2008 07:15:08 +0000 http://moneysocket.com/?p=229#comment-5273 Nice post, I agree that non-judicial foreclosures are definitely palaces of opportunities. With every problem, spells an opportunity and your post nicely outlines how a 20k investment can make an impressive return. My only argument would be that be that you must factor in the rate of inflation into your investment so I think that a 22% may be slightly inflated (no pun intended). Houston, here I come. Nice post, I agree that non-judicial foreclosures are definitely palaces of opportunities. With every problem, spells an opportunity and your post nicely outlines how a 20k investment can make an impressive return. My only argument would be that be that you must factor in the rate of inflation into your investment so I think that a 22% may be slightly inflated (no pun intended).

Houston, here I come.

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