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    Quote Originally Posted by walrus View Post
    Quote Originally Posted by Master View Post
    Go for it, if you got the determination and will to do it. Property is a better investment that shares in the long run.
    Ya master I have buddy who is a licensed plumber and another fiend who is into construction. It's just if u make a mistake and miss something major after you bought it you are screwed. It really would be a nice first home for someone if we could make it nice without sinking more than say 20,000 to 25,000 into but again the fact it's been on the market for a year gives me pause. Flippers usually find those things quickly and I know so little it makes me nervous. I'm making an appointment this week to check it out. Anyone here ever do this flipping shit. I have a minimum amount of profit I would need to make in my mind to make this even worthwhile. @Kirkland Laing you ever get into these types of things, I know you are ZOG so you are naturally good at making money though usually at the expense of others.
    Surveyors will tell you what needs doing but from what you describe you can not lose. You have to see it as a process of learning and gaining contacts. Do not get emotionally attached to the property and sell it quick on to the next project.

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    Default Re: Stocks and investments

    Speaking about investments, I am thinking about investing in real estate in Barcelona https://tranio.com/spain/analytics/w...ofitable_5335/. They say now is the time to buy property regardless unstable economy situation in Spain and general mess in Europe. I spent 2 years in Spain (2010-2012) and faced huge troubles with finding a flat, so may suppose, there is a high demand still. Thus a buy to let apartment in a city like Barcelona can potentially bring good yields. What do you guys think?

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    Default Re: Stocks and investments

    Quote Originally Posted by Nicolas View Post
    Speaking about investments, I am thinking about investing in real estate in Barcelona https://tranio.com/spain/analytics/w...ofitable_5335/. They say now is the time to buy property regardless unstable economy situation in Spain and general mess in Europe. I spent 2 years in Spain (2010-2012) and faced huge troubles with finding a flat, so may suppose, there is a high demand still. Thus a buy to let apartment in a city like Barcelona can potentially bring good yields. What do you guys think?
    Interesting. I take it you are in England. Who would tend to your tenants needs? I wouldn't know what to say to that one as I don't know anything about the process of buying in foreign lands but i think it's something you should definitely investigate

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