- Rick staParticipant@rick-staJoin Date: 2011Post Count: 120
Starting to hear lots about the Bakken oil formation in North Dakota and companies offering motel room type investments offering a 40% ROI. I remain very skeptical just wondering what other people's thoughts are, surely you've all read about it in SPI magazine?Ziv Nakajima-MagenParticipant@zmagenJoin Date: 2012Post Count: 523
Been discussed on quite a few occasions – here's the latest one – https://www.propertyinvesting.com/forums/overseas-deals/4346306 British spruikers have also been flogging that one to death.
would be interesting to hear from someone's who's already invested in one of those?Rick staParticipant@rick-staJoin Date: 2011Post Count: 120
Thanks Ziv, yes would be good to hear from someone who has got involved.Texas Cash Cow Investments AustraliaParticipant@texas-cash-cow-investments-australiaJoin Date: 2011Post Count: 71
The real problem I see is that you don't have title to a motel room under US laws so exactly what is it your buying into ? Look the return if it is true sounds good but what about an exit strategy ? As the old saying goes…the higher the returns the higher the riskFreckleBlocked@freckleJoin Date: 2012Post Count: 1,680
Beware of the MSM hype and absolute lies re anything shale. If you listen to the actual experts in the field they're singing a completely different tune.
The trick is understanding the real story and figuring out how to take advantage of it.