Real Estate 101
Tuesday, July 12th, 2011 at
1:46 am
Peter Schiff video blog Oct 27th 2009 Also check me out on www.facebook.com and twitter.com
Tags: faber, commodities, gold, oil, schiff, doom, fraud, market, collapse, recession, depression, bernanke, nasdaq, ron, economy, hang, euro, economic, currency, crash
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Venango County in Pennsylvania is a great investment. Houses are inexpensive, but soon to boom due to the gas industry moving into the area. Businesses are buying up land and moving here to take advantage of the opportunities. Check out the prices in Oil City, PA. They won't last, so act now.
anybody has visited this site? ww,house-in-seattle,com? think they rents houses and other private residences in Seattle, WA as vacation homes
Great video about real estate
Yes interesting input for sure.
Nice work !
Hopefully you can find the time to check out my parody video on how Kids can do Real Estate? Too!
Youtube: CheapCheapRealEstate
Dave
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Thank You
I bet this guy has no pants one
So, you were saying that purchasing a property is not a form as real estate investment because of the economic crisis face of a certain country? You have a wide views of in real estate industry and i would love to watch more of your video.
@Debatewithme thats right but to a commoditie trader gold is not to prtect value its to buy low and sell high and make money. Gold does go up for more reasons then just inflation. The only arguement here is that your going by difinition of what an investment is. Well by definition a liberal person is a open minded person and we all know thats a bunch of bullshit!
@brandeno15 Gold isnt an investment either really..it depends on the destruction in value of currencies...an investment is something that produces value...gold protects value..
I like what you are doing with your YouTube channel! I checked out a few videos and I like what I see! Great job!
Wow, what a timely video. I am looking at potential investment properties this weekend. Glad to hear one of my favorite economists thinks this is a great idea. But I guess tangible assets will out perform paper with dead presidents any day.
Saying that real property is an investment only when you rent it out is wrong. When you buy a piece of gold at 1300 and it goes to 1400, thats an investment. Same thing for real property. If your saying that flipping something is just capitalizing on the market, thats just arguing semantics. Saying people should not buy right now is like blasp...hemy! lol With the market down 40% and loans at 3%, AND short sales almost 50% below market from.. lets say 05. This is the best time to invest.
If someone has about 400 thou liquid, theirs nothing better then buying real property renting it, then flip it. With inflation its never good to keep your money just sitting their in your bank, and? cd or a 401k is not much better. Plus i think like cds right now are like 2.5%? something like that if you buy a real property at 100 thou and rent it out for about 800 a month thats 9600 a year. Thats 9.6% a year gross, that looks alot better then 2.5%.
If your thinking that the banks are going to burst again and drop the market, you might be right. But there is still lots of money to be made in todays market.
If someone has about 400 thou liquid, theirs nothing better then buying real property renting it, then flip it. With inflation its never good to keep your money just sitting their in your bank, and? cd or a 401k is not much better. Plus i think like cds right now are like 2.5%? something like that if you buy a real property at 100 thou and rent it out for about 800 a month thats 9600 a year. Thats 9.6% a year gross, that looks alot better then 2.5%.
Real property is just another item for your portfolio, and its a good one. Its not a waisting asset, ys it does cost money but in a appraisal, the life of the house is not just when it was made but the condition, you know that! Theres only 4 things ill put my cash into: real property, gold, silver, and slv. You say buy gold well look at silver, last year in march 09 silver was 11.78. Its now 30.93.
Peter Schiff as always is right.
9:07 is a essence.
Wow this is a pretty good video...opened my eyes !!
NICE!!!!!!!!
scarty cat
Interesting video about investment and real estate.
Hey I know someone that can maybe give you some answers! Check him out at wwwhampghcom
thank you peter. you woke me up once again. i was about to reinvest some money into the real estate market again, but i come to realize, there are better deals out there.