All Forum Posts by: Chai Sag

@Brent Coombs

I don't have access to " reach investor secret",this is why I am asking in BP if somewhere anywhere in the world .....

you are welcome  to join, when someone comes up ;)

@Ned Carey

there are different types of investments: conservative, medium, aggressive

we would like to do a little portion of RE in an aggressive market

I f you don't want to call it "investing" , and you prefer to call it "speculating" instead "aggressive investment" ,i have no problem

@J Scott

The question is NOT if it is difficult to predict markets with large appreciation or NOT

It is difficult, when you don't have any signs that this is happening

It is not easy, but you can identify it , when you see things happening that the market is picking up and up

Then , Once you identify it, I strongly desagree with you that is WAY too Late

We are not talking about ,like your example that you bring about Baltimore " that everyone knows that"" ,

You can see that in Miami, prices went up and up, it was not too late to join, same thing in many countries in South America : Uruguay (Montevideo) appreciated like 400 %, prices were going up, but many people think, (oh ! 30%, now, it is not going to continue going up") Asuncion Paraguay , more than 500% since 2010, Lima Peru, 300 % etc etc

Many lands in Paraguay appreciated 10 times!

In Mexico 85 ( after earthquake, this is like SLIM made his fortune) All Easter Europe in 1990, Argentina 1989, and 2001, etc etc I can bringing examples

and in all these cases there was time for evreyone to join. ( because many people are pesimists (or "realistic" and sell)

Option 3 "superior knowledge" ,

Don't forget : Open your eyes and from everything that happens you can always learn something new

@Ned Carey

"@Chai Sag That is not investing, It is speculation. Nothing wrong with speculation as long as you recognize that is what you are doing."

Ned This is investing in the right place at the right time .

"Anyone that wants to make big money by doubling and tripling in relatively short periods of time, bet on, very high or very low markets, returning to the long term mean. The odds are strongly in your favor."

100% in 2 years is happening all the time in different areas, if it is 70, 80 % with the rental income I also will be happy;)

@Jay Hinrichs

100% , you can get deals at 50% of value in many markets , 99 %  of the time  when they come to you ;) 

But this is not the subject of this OP

@Ryan Fagan

Exactly!

Many markets are going to double in value!

In many areas prices didn't run up so much yet , just a 20%, 25%  from 2008 and the Govermment printed lots of dollar bills , just for inflation, elections, more jobs, economic recovery ,etc 

we are just trying to share identifying signs of this happening in some areas 

@Dave Fontana   

cool! Any specific area in Newark?

@J Scott

1 They are not smart enough, they were lucky enough.

And I don't think that is easy, and still,is going to happen in many markets

2 I can't feel this in my area, I don't see the signs, of new businesses coming , yuppies, people relocating. houses sold in the open houses over listing price .etc. in my area

so I am asking if someone is having that experience .

I am sorry if you don't like this kind of questions, it would be easier for you, just to ignore it and not answer, unless you have fun with sarcasm, you are very welcome;)

Many people in this forum were in markets that double prices in 1 or 2 years

Thank you so much for your replys and for sharing his views

some are optimistics ( I always want you in my team)

@NdyOnyido I look in everything

@Mehran K I missed many boats so far ;) only got 1

@Jay Hinricks This is the best !

@Serge S I would become a local in the new market

@J Scott

1- I always ask them , some are billionaires right now.They were very lucky

2- 10 times is almost impossible to predict.

I am asking for doubling in 2 years, because it is something that you can feel,coming a 30 ,50 % that eventually can go see coming to double

3- this is not RE .

I think that you can break out your belief limitations. Maybe someone will share. I have access to millions from cash investors and the guide will benefit

@alex Clift

Congratulations!

you got a good deal!

i would keep it  

your rent is going to keep increasing and your condo is going to appreciate more