In the USA, a majority of the wealth has been created through real estate. Can you start with $5k in REI and make money? Yes. I've personally profited from a RE play where I put in far less than this and made more than $5k quickly. It's a big world out there. Making money in RE doesn't just mean buying a home. But, these discussions are beyond the DP forum. As to the OP, I'd take your 5.2K and get in the stock market. It's been a great bull market and we're not done. Energy is a great play. Mmmm baby, I'm salivating just thinking about it. I hate the weekends. While your money is working there, I'd get educated a little and really think about what you want to accomplish. Figure out what you want to do. What are your passionate about? Follow your passion.
Just want to add that he is from India, my mistake. So there he can't play such games by such rules like in USA. In Ukraine we can't buy a flat, home for 10%, it's still will be not just our own. That's why I wrote all the above.
As always, Market Junction comes through with an informative post. I thought the standard was that real estate was bought on a 10% margin? How would you be able to get it cheaper than this?
Zac, When money is cheaper, rules tend to loosen up, because there's an influx of investors and institutions willing to lend and more money to lend. For instance, during the RE boom, money was cheap and many lenders were willing to take on more loans. As a result, many were able to purchase real estate with nothing down. I know I was being offered 100% financing left and right. Without using any of my assets as security, I'd simply pick out the property and walk in. Actually, it was this practice that fueled demand and causes property rates to rocket upward. And as usual, people got in way over their heads. This caused foreclosures to increase, subprimes to default and financial institutions to experience a hit, which has led to the current situation. When money is more expensive, it's harder to get a loan. And if your credit isn't so hot, you may need to put down more than 10%. In fact, if it's somewhat poor and money is expensive, you may need to put 30% down. Hope that helps some. Jason
Domains are internet realestates but you have to learn it step by step , investing the whole money on them will not help you.
So you're saying that you want to generate a ROI of 700% after a mere year? Good luck on that one. If it were that easy everyone would be doing it.
Also, why don't you continue doing what you are doing? You seem to have made some good money. Regards, sites, I think you have enough there to buy a good site with traffic and revenue. However, tdo becareful though. Not all data porovided by sellers can be trusted.
Life is a step by step process as well. No need to invest all into domain names because you don't need that much to bring in $5000 in on a sale. All you need is the know how. You can learn at DNJournal.com
Keep a sharp watch at the buy and sell domain forum,sometime domains with even good alexa ranking sells below $30.
you mean developed domains that traffic will die soon anyways i would try what you said sounds realistic thanks
Build something good first before thinking of investing. Why do you want to build a video or hosting site? There are already hundreds of them... Think of something unique instead!