Solar -- I was laughing to myself as I posted this.... because in this so called DOWN economy... I've made more money than in the 10 years leading up to it when everyone had rose colored glasses on!
The brand new building (bank owned) my brother in law just bought (I'm the bank) at HALF PRICE -- will be a stellar investment for him 10 years from now! And if he holds it - it will be his retirement fund +
There have been so many opportunities handed to "us" on a silver platter it's just been ridiculous. Some days I have to pinch myself and see if it's all for real. The stock market -- had you bought or added to positions in 08/09 have doubled your money... Those that are buying property NOW will double or triple their money especially if it's income property. The cash flow is just huge and the buy in is half price.
Sorry for the folks that have lost it all -- but someone out there is going to make an absolute killing on their mistakes.
And here's where people get it ALL WRONG.... they lined up to pay over asking price for homes and condos.... and took out artificially low rate loans with short terms... THEY LINED UP TO DO THIS....
WHERE THE HELL ARE THEY NOW?!?!?!?! Right now you can buy the very same property down 30/40+% AND get a 30 year
fixed rate loan under 4%!!!
Dude....
nobody wants to buy now.... they lined up to buy high and sell low. Talk about squandered opportunity....
