Real Estate /General/

I fear the stock market will follow a similar demise.

Good for new buyers though, I get the opportunity to buy everyone on sale.

You vision it's in the store and has value.
I'm thinking it's broken and in the dumpster

Why not buy a little piece of land in a city in some shit area that has some good perspective in future, when builders flock in. To be ahead of the game instead of buying real estate which is a high risk/high reward game. Note the high risk part.

Given we are hitting peak real estate prices it makes no sense to buy real estate or reit stock.

So what are the choices. First you need to accumulate as much cash as you can to take advantage of the next recession. Two the crazy swings of the stock market are a great opportunity to double your money, but you have to wage slave a good amount to double.

>Tldr buy ETSY it will double in 6 months

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Yeah dude let me spend a lot of money on land and pay taxes just speculating that one day that land will be valuable.

Real Estate has worse diversification and lower returns than Stocks though.

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>Only real way to make millions within 5 years

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anyone can share some advice?

My dad have a property that have 2 floors, the bottom one he rents for services and the top one is empty. I could divide it into 6 small flats for rent. But I would have to take about 100k $ loan. I was thinking about taking it for 25 years since the instalment would be about 1k and i could rent the flats for about 2,7k

>ETSY
why