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Money Matters
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Old 11-13-2006, 01:14 AM   #1
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25-30k to invest, but in what??

as a thread i started earlier about starting up a clothing line in the ot section, i'm still looking at the pros/cons of it but with some money i've already invested with a few friends in a bar/club but i either want to start a business for myself and or invest in something i can make money.......even though i'm moving up within the company i'm working with, it's not enough for me as i hate to work for someone/somebody. so what is good out there which is safe......stocks aren't for me so what can i do?
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Old 11-13-2006, 06:54 AM   #2
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Quote:
Originally Posted by alexbenz View Post
as a thread i started earlier about starting up a clothing line in the ot section, i'm still looking at the pros/cons of it but with some money i've already invested with a few friends in a bar/club but i either want to start a business for myself and or invest in something i can make money.......even though i'm moving up within the company i'm working with, it's not enough for me as i hate to work for someone/somebody. so what is good out there which is safe......stocks aren't for me so what can i do?
you can always look into income producing real estate.
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Old 11-13-2006, 01:36 PM   #3
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Originally Posted by FadeToblack View Post
you can always look into income producing real estate.
shine some light on me please.......details
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Old 11-13-2006, 02:37 PM   #4
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If you really don't know what to do with it, just throw it into some fixed income.
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Old 11-13-2006, 07:29 PM   #5
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If you really don't know what to do with it, just throw it into some fixed income.
what, like a CD? no thanks.......it won't earn that much
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Old 11-13-2006, 07:36 PM   #6
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shine some light on me please.......details
buy a 4plex. I see you live in cali, i wouldent suggest buying there (prices dont add up with the rents you will be getting) look into vegas. PM martin, he knows his stuff.
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Old 11-13-2006, 07:38 PM   #7
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buy a 4plex. I see you live in cali, i wouldent suggest buying there (prices dont add up with the rents you will be getting) look into vegas. PM martin, he knows his stuff.

i can do that with 30k down?
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Old 11-28-2006, 01:51 PM   #8
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bumping a old thread
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Old 11-29-2006, 05:05 AM   #9
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Old 11-29-2006, 07:20 AM   #10
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30k down can buy you a property over $200k if you get everything lined up. Put in the offer that you want the seller to pay 5 or $7k closing cost help, and take out another loan for about $10k for the down payment so that you don't pay PMI.

Look for properties online. Once you find the area you want to buy in, you might want to call a few realitors.
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