What to do with $100,000

[steven7]

Hi,
This is Steven. I am new member to this site. Now a days real estate is increases. Most of people interesting to join the real estate.


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steven7
visit
http://www.southerncashadvance.com/texas/texas-payday-loan-question.html

[Brian06]

What the?

But since this old thread has floated back to the top . . .  the ol' "what would you do with $100k" question . . .

Multi-family.

Second, I live in Bergen Co.  New construction has slowed to a fraction of what it once was, but inventoryis not as backed up as Florida or other places because the DEP had restricted building in the past few years.  I have seen the lower priced, under $500k, homes get asking price, even a bit higher in the lsat month or so.  And I think the medium priced homes, $500 to $1mil, are going to be next to start coming back.  We've hit bottom here.  The NY/NJ area is usually ahead of the trend and not as bad as other areas of the country.  Spring market will tell for sure.

[MikeJ]

I entirely agree with this! 

If you really think about it that is pretty much what property tax is! we are just renting our land anyway!

Also yes you can buy a bad tax lien like I bought one for $483.00 and ended up owning a unbuildable lot! So I turned around from the lot knocked on the nieghbors door and sold it to them for $1000.00 So what I only doubled my money ouch! Think about it does it really matter what you are buying for $400-$3500 I do a ton of tax liens every year and that is the only property I have ever owned by default.. the rest I have made 12-15% on and have never even looked at.