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bolt · 10-06-2008, 02:42 AM

If you don't mind waiting several years for a noticeable amount in possible gain, and can afford to put aside a large sum of money outside of your useable funds then i'd suggest looking at real estate in the outskirts of Oklahoma City towards Norman. I'd also suggest land on the outskirts of Tulsa in the southern region. Just buy a plot of land that possibly become a commercial area.

The gap between those two cities is continually closing. And as Norman is a college town, it'll always be active. It shares similar characteristics with Austin when it began as a college town. (Though the key difference is that Austin is the capital of Texas which is a guarantee in growth)

-Growing areas and high end real estate will always have a growth in value. Just avoid places where there's a mass production of housing.

-Texas real estate is one of the best in the nation.

-Commercial real estate has the highest return but only because it's riskier. Though it can be significantly less of a hassle when leasing out a commercial lot as opposed to leasing out multiple rental townhomes.

-Never build a home to specifications to only match your personal tastes, unless you plan to live there for the rest of your life.

-Most people tend to lose money in real estate simply because they don't know what they're doing or are attempting to make money with money they don't have (Mortgages).

In my opinion, it's ideal to rent out townhomes in higher end areas. With the economy being how it is, there should be a significant growth in renting. Also when buying a home, you should always look for a home with a larger lot, but don't sacrifice anything.

(If home A is a million dollars with .5 acres and home B is .65 acres at a million dollars in the same area, go with the latter). Home B would more likely be an older home. Remodel the house, live there and enjoy it then tear it down to build a new home. Enjoy the new home for a bit then sell.

Sorry for the length....I started to get into it...

Oh, Does anyone here invest in hedge funds or have an extensive knowledge about them? If you don't mind, would you pm me with somewhat of a basic knowledge about them and some advice.

DISCLAIMER: Use any information provided at your own risk. I do not claim to know better; I am just listing some of the things I believe are common sense about real estate; things which should be known before making an attempt on real estate investing.

10-06-2008, 02:42 AM	#19 (permalink)
bolt Registered User Join Date: Aug 2008 Posts: 82	If you don't mind waiting several years for a noticeable amount in possible gain, and can afford to put aside a large sum of money outside of your useable funds then i'd suggest looking at real estate in the outskirts of Oklahoma City towards Norman. I'd also suggest land on the outskirts of Tulsa in the southern region. Just buy a plot of land that possibly become a commercial area. The gap between those two cities is continually closing. And as Norman is a college town, it'll always be active. It shares similar characteristics with Austin when it began as a college town. (Though the key difference is that Austin is the capital of Texas which is a guarantee in growth) -Growing areas and high end real estate will always have a growth in value. Just avoid places where there's a mass production of housing. -Texas real estate is one of the best in the nation. -Commercial real estate has the highest return but only because it's riskier. Though it can be significantly less of a hassle when leasing out a commercial lot as opposed to leasing out multiple rental townhomes. -Never build a home to specifications to only match your personal tastes, unless you plan to live there for the rest of your life. -Most people tend to lose money in real estate simply because they don't know what they're doing or are attempting to make money with money they don't have (Mortgages). In my opinion, it's ideal to rent out townhomes in higher end areas. With the economy being how it is, there should be a significant growth in renting. Also when buying a home, you should always look for a home with a larger lot, but don't sacrifice anything. (If home A is a million dollars with .5 acres and home B is .65 acres at a million dollars in the same area, go with the latter). Home B would more likely be an older home. Remodel the house, live there and enjoy it then tear it down to build a new home. Enjoy the new home for a bit then sell. Sorry for the length....I started to get into it... Oh, Does anyone here invest in hedge funds or have an extensive knowledge about them? If you don't mind, would you pm me with somewhat of a basic knowledge about them and some advice. DISCLAIMER: Use any information provided at your own risk. I do not claim to know better; I am just listing some of the things I believe are common sense about real estate; things which should be known before making an attempt on real estate investing. Last edited by bolt : 10-06-2008 at 02:56 AM.