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has added a new journalAs we all know this is the time to make as much money you can in realestate. Time to purchase property in wholesale dollors. I have 2 flat buildings on sale in chicago, IL. you will receive 30K on closing as well. If interested plz feel free to contact me and if possible pass on the words plz. Thanko
PEACE1786
I know some friends there in general and in the business will pass the word no worries anyhow good luck!Regards,
Adnan.
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has added a new journal1. Make money by not losing money. It's an oft-quoted Buffettism: "The first rule of investing is don't lose money; the second rule is don't forget Rule No. 1."
2. Don't get fooled by earnings. Buffett has noted that "most companies define 'record' earnings as a new high in earnings per share." But he says the fact that earnings per share are rising in itself tells you little, because it does not take into account how much shareholders have invested. The more that shareholders invest in a company, the greater its earnings should be.
3. Look to the future. They don't call Buffett the Oracle of Omaha for nothing. While Graham was always reluctant to predict the health of a business, Buffett makes a conscious attempt to identify companies with a good chance of continuing their success 25 years into the future.
4. Stick with companies with wide "moats." Since it's risky to predict the future, Buffett always talks about favoring companies with wide "economic moats." This doesn't necessarily mean that a company has to have a lock on a product or a market. Coca-Cola, for instance, certainly has competition. But Buffett always looks for companies with long-term competitive advantages that make forecasting safer.
5. When you bet, bet big. Most value investors are conservative by nature. The average manager of a value stock fund spreads his or her bets among 146 different stocks, according to fund tracker Morningstar. Not Buffett. The $62 billion that he has invested in publicly traded stocks is concentrated in only about 45 names.
6. Don't be afraid to wait. If you take big swings in the stock market, as Buffett does, there's a big risk of striking out. Buffett's rule: Don't swing that often. And don't swing at bad pitches.
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has added a new journalWarren Buffett's advice to young people: "Stay away from credit cards and invest in yourself and
Remember:
A. Money doesn't create man but it is the man who created money.
B. Live your life as simple as you are.
C. Don't do what others say, just listen them, but do what you feel good.
D. Don't go on brand name; just wear those things in which u feel comfortable.
E. Don't waste your money on unnecessary things; just spend on them who really in need rather.
F. After all it's your life then why give chance to others to rule our life."
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has added a new journalWho thinks the market will come back up and when do you think it will??
TheGreat
Home prices are falling nationally, but there are some markets that are still seeing big price gains:Salt Lake City, Utah
Median home price Q2 2007: $233,100
Median home price Q2 2006: $191,200
Change: +21.9%
Binghamton, N.Y.
Median home price Q2 2007: $111,200
Median home price Q2 2006: $92,800
Change: +19.8%
Salem, Ore.
Median home price Q2 2007: $227,900
Median home price Q2 2006: $195,300
Change: +16.7%
Farmington, N.M.
Median home price Q2 2007: $201,900
Median home price Q2 2006: $177,100
Change: +14%
Allentown- Bethlehem- Easton, Pa.-N.J.
Median home price Q2 2007: $274,500
Median home price Q2 2006: $243,400
Change: +12.8%
Beaumont-Port Arthur, Tex.
Median home price Q2 2007: $127,700
Median home price Q2 2006: $114,200
Change: +11.8%
Reading, Pa.
Median home price Q2 2007: $157,800
Median home price Q2 2006: $141,900
Change: +11.2%
Glens Falls, N.Y.
Median home price Q2 2007: $175,700
Median home price Q2 2006: $158,700
Change: 10.7%
Spokane, Wash.
Median home price Q2 2007: $197,700
Median home price Q2 2006: $179,000
Change: +10.4%
Cumberland, Md.-W.V.
Median home price Q2 2007: $109,300
Median home price Q2 2006: $100,000
Change: +9.3%
Bismarck, N.D.
Median home price Q2 2007: $151,400
Median home price Q2 2006: $138,600
Change: +9.2%
Seattle, Wash.
Median home price Q2 2007: $395,300
Median home price Q2 2006: $363,000
Change: +8.9%
San Jose-Sunnyvale-Santa Clara, Calif.
Median home price Q2 2007: $865,000
Median home price Q2 2006: $795,000
Change: +8.8%
Raleigh-Cary, N.C.
Median home price Q2 2007: $225,100
Median home price Q2 2006: $207,700
Change: +8.4%
Charlotte, N.C.
Median home price Q2 2007: $207,300
Median home price Q2 2006: $191,400
Change: +8.3%
Trenton, N.J.
Median home price Q2 2007: $313,900
Median home price Q2 2006: $290,400
Change: +8.1%
Pittsfield, Mass.
Median home price Q2 2007: $230,900
Median home price Q2 2006: $213,800
Change: +8%
TheGreat
In its latest forecast for the real estate market, National Association of Realtors (NAR) on Wednesday projected that existing home sales will fall 6.8% this year to 6.04 million, compared with its previous forecast of a 5.6% decline.The outlook for new home sales continues to worsen. The NAR said new home sales are likely to fall 19.0% to 852,000, compared with the prior forecast of a 17.7% drop.
Lawrence Yun, NAR's senior economist, said the market was likely to be relatively stable going forward, suggesting that the worst drops in activity are behind the housing sector.
"Existing-home sales should be relatively stable over the next few months, holding in a modest range, with some pent-up demand growing from buyers who've been on the sidelines," Mr. Yun said in a statement.
Mr. Yun continued to forecast a relatively mild upturn in housing activity towards the end of this year and going into 2008.
TheGreat
I think its quite difficult to tell about over all market that when it will come back up, because in some region either market is stable or starting to come back up. Like in Manhattan and Brooklyn, NY. The median home prices rose 5% in first quarter of 2007 as compare to same period year ago. So looks like we are starting to see some upward trend, but only in certain regions.
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has added a new journalJust want to tell you a bit about whats happening in Phoenix area in AZ. Well its the number one growing state, city , county in the USA...numb.1 in terms of population growth, business growth,and growth in equity.
This is the time to get your hands on real estate in Phoenix. But as people know buying a house takes time and money.For investment prop. you usually need 10-15% down and have to deal with the closing cost.....THEN ON top of that you have to find a renter...
Not with me...u can get in an investment property through me with no closing cost, nothing down, and we place a renter in the prop. for one year.
NO ONE CAN BEAT THAT...and your ROI per year is 40-55%.
If you have any questions let me know.