I'm interested to hear what people are doing with their capital outside of the stock market to get a return on their money.

With inflation being through the roof, it doesn't make sense to have a ton of savings in the bank outside of an emergency fund. Is anyone flipping houses, land, buying and holding real estate, buying a franchise, etc.?

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jagvocate said:

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I buy ****ty land and sell it on owner financing.

I take the proceeds and buy rental houses.

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Other than it being *****y land, is this a no-no? Or is he channeling Harry Wormwood (Matilda) in peddling cheap stuff and likely charging a fortune?

Bought my first vacation home. If need be, I can turn it into a long term rental property.

File5 said:

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Other than it being *****y land, is this a no-no? Or is he channeling Harry Wormwood (Matilda) in peddling cheap stuff and likely charging a fortune?

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File5 said:

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Other than it being *****y land, is this a no-no? Or is he channeling Harry Wormwood (Matilda) in peddling cheap stuff and likely charging a fortune?

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Lot of assumptions friend. Basic rural vacant land that's overgrown. Perfect for Houston area trades workers to buy a mobile home and put it on their own .25 - .5 acre lot. Lots of first time homeowners get the land from their home from me. Also, I don't charge interest. Chew on how I do that for a little while

jagvocate said:

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File5 said:

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Other than it being *****y land, is this a no-no? Or is he channeling Harry Wormwood (Matilda) in peddling cheap stuff and likely charging a fortune?

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Lot of assumptions friend. Basic rural vacant land that's overgrown. Perfect for Houston area trades workers to buy a mobile home and put it on their own .25 - .5 acre lot. Lots of first time homeowners get the land from their home from me. Also, I don't charge interest. Chew on how I do that for a little while

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No assumption, just asking a question lol, and it being deleted had me curious. It actually sounds good for everyone the way you put it, no interest is a helluva deal. My guess is some program/exemption for first homes or that size of rural land enables this. No matter how, glad it works for you

Education that directly impacts my current and future job prospects and earnings potential. I'm not cut out for slangin real estate and def don't have the time for it with a toddler and another on the way.

I'm guessing there's some government programs that are making this endeavor more profitable for him and/or more affordable for the end user.

jagvocate said:

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File5 said:

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Other than it being *****y land, is this a no-no? Or is he channeling Harry Wormwood (Matilda) in peddling cheap stuff and likely charging a fortune?

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Lot of assumptions friend. Basic rural vacant land that's overgrown. Perfect for Houston area trades workers to buy a mobile home and put it on their own .25 - .5 acre lot. Lots of first time homeowners get the land from their home from me. Also, I don't charge interest. Chew on how I do that for a little while

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Spill the beans! What's the secret sauce? I'm interested..

Perhaps the default rate is high enough he can sell the same property multiple times?

Or more likely, he buys 10ac tracts at 5k per acre, subdivides, and sells the .5 acre lots at 10k per acre.

I would imagine it's like anything else, if you make enough on the front end of a transaction, you don't "have" to charge interest. Makes is look like a swell deal to the buyer.

As mentioned, they get out over their skis' and you take it back.

This is similar to what Robert Kiyosaki did with urban residential. The owner financing is a big key. He talked about making it easy for people to buy even if a normal lender wouldn't give them the loan. They'll pay a bit more. Then if they can be responsible you've helped them out and made money, if they can't you repossess and get paid for time, trouble, repairs, and marketing through the down payment they made or higher than rental monthly payments.

Sounds like a "I'll tote the note" roadside used car lot. Those cars get sold and repo'd probably 3 or 4 times a year in many cases.

I bought a 3 bed/4 bath new home in Maryland outside DC about 15 months ago which has increased in value by probably 7%

cryptocoins: $25,000

diversified equities: Dow, Nasdaq, SP 500, some foreign stocks

bonds in the 401K

some physical gold

ammunition

Taxable brokerage thrown at the market

Syndicated multi family RE

Kids 529s


Outside of that, everything else is 401k and IRA. I did refinance my primary residence to a lower rate, and plan on paying the minimums. Current rates so damn low I just dont see any reason to pay it off early.

I am buying and selling raw vacant land to generate income to put into multifamily also, funny. I went through the Land Academy system over the last year.

My second mailer has netted me two deals in escrow so far and I am still working to kill a couple of others. My first deal should close in two weeks and using the lowest comp to re-list will sell for 15% ROI. The high comp is more comparable and selling at 80% of that should move the property quickly for 112% ROI.

I'm also buying a 2 ac tract in a similar subdivision on the Nueces for $20k, neighboring lot sold last year $25k/ac. We will keep this one and put RV hook ups and STR our motorhome there until we can put a couple of cabins on it.

Our business has around $200k in cash we were holding to put into a commercial property that isn't seeming to pan out.

Also curious what the board thinks a proper allocation considering the economic times we are living currently.

If I had 100% control (wife is controller) it'd be all in bitcoin, so no need to tell me that...

Sitting on cash just feels so dangerous right now.

I'm curious to know if anyone owns a single gold bar in their portfolio? (400 troy ounce)

Uncle Slaton's got his Texan pride
Back in the thickets with his Asian bride
He's cut that corner pasture into acre lots
He sells 'em owner financed strictly to them
It's got no kind of credit 'cause he knows they're slackers
And they'll miss that payment and then he takes it back
He plays that Choctaw Bingo every Friday night
And drinks his Johnny Walker at that club 69

SECond2noneAgs said:

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Uncle Slaton's got his Texan pride
Back in the thickets with his Asian bride
He's cut that corner pasture into acre lots
He sells 'em owner financed strictly to them
It's got no kind of credit 'cause he knows they're slackers
And they'll miss that payment and then he takes it back
He plays that Choctaw Bingo every Friday night
And drinks his Johnny Walker at that club 69

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holly ***** didn't realize James McMurtry was giving investment tips the whole time.

Between that and cooking meth, I think he covered to major growth industries.

administrative errors said:

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Our business has around $200k in cash we were holding to put into a commercial property that isn't seeming to pan out.

Also curious what the board thinks a proper allocation considering the economic times we are living currently.

If I had 100% control (wife is controller) it'd be all in bitcoin, so no need to tell me that...

Sitting on cash just feels so dangerous right now.

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If you are really big on inflation buy the stocks of highly leveraged companies with good products that have positive EBITDA. Inflation takes off and that fixed rate debt becomes cheap to service or pay off and they are in a great position.

Haven't looked in a number of years but the appreciation on fully automatic weapons grandfathered in before the ban had outperformed the stock market for like 20 years. Don't know if that still holds.

Have a rental home in a Metroplex suburb; potentially investing in several real-estate deals (condo rental and apartment build). Generally, looking at more hard assets.

You mean like UTZ? I'll take my dividend in Zapp's Voodoo and Sweet Creole Onion flavor please.

I like real estate. First off, I always do my IRA contributions (not sure how much longer I'll be under the limit to do so) and I do as much as my company will match on 401k. After that, I save 30-40k, put a down payment on a house, and rent it out. You can also buy crappy houses, rehab, then refinance. That's a great way to have little to no money in it and cash flow like a king. I kept the last house I moved out of. That was a great way to have another rental property and the note was pretty low. I have an airbnb but it takes a significant amount of time to get one off the ground. My wife and I busted our butts for several months, did the cleaning, and took care of the lawn and landscape for a year. Now it is almost self sufficient. Cash flow was better when we did everything but it is not worth our time now. I will continue to snowball real estate until I have enough houses to sell for 1-2 million. My plan is to turn that into a commercial property and build 10-15 quad plexes on. It would be much cheaper to buy these already built but where I live, they are hard to come by.

Put money into a group that is rolling up laundromats in large TX metros and expanding pickup and delivery to keep the machines running as close to 24/7

We sold a property in 2021 & finding things to buy has been harder than I'd imagine. We bought a couple more rent houses & we're now looking for some acreage for a change of pace. The prices are way up - I remember when I thought $4K an acre was robbery. I have no idea if it's a bubble or not but we are looking at properties that are big enough to split eventually if we choose to.

We actually stopped investing in our IRAs a few years ago - we made more money putting that towards houses & renovations. Our properties tend to recoup all money (purchase & renovations) in 5-7 years - that's our goal anyway. When we stop buying houses, we might start IRA-ing again, I don't know.

Haven't read thread but ibonds with extra cash from treasury direct to protect against inflation risk free (up to $10K per person per year)

Edit to add 7% right now. There are strings. Read up before parking money there.

Real estate

Real estate here (SFH) - looking to expand into MF in the next couple years

billikenag said:

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You mean like UTZ? I'll take my dividend in Zapp's Voodoo and Sweet Creole Onion flavor please.

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I'm not familiar. I was talking about actually purchasing fully automatic firearms