All Topics / General Property / house and land

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  • Profile photo of ajsc79ajsc79
    Participant
    @ajsc79
    Join Date: 2005
    Post Count: 27
    October 22, 2009 - 6:15 am

    has anybody made money by just buying a block and building on it? not taking into account any capital gain

    cheers

    Anthony

    Profile photo of god_of_moneygod_of_money
    Participant
    @god_of_money
    Join Date: 2008
    Post Count: 970
    October 22, 2009 - 3:42 pm

    Wow.. 'a guaranteed return of 20%' with 'GUARANTEE' of 100% capital loss…

    Profile photo of Sailesh CSailesh C
    Member
    @sailesh-c
    Join Date: 2005
    Post Count: 62
    November 4, 2009 - 8:40 am

    There is money to be made with this strategy however, as with everything timing is the key. This is crucial if you are looking to buy and sell. If you have a long term strategy then it is a great way of acquiring an investment property and you should look into areas that will help you create at least $50k in equity. Once again do your research first.

Viewing 3 posts - 1 through 3 (of 3 total)

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