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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Suma who wrote (25774)12/9/2004 6:12:49 PM
From: David JonesRead Replies (1) of 306849
 
>>>>>There is a great way to make money in real estate today by investing in pre construction...<<<<

Buying "pre construction" that seems a function of a bank or being directly invested as a developer.

>>>>Then as the property appreciates through building sell it<<<<

Your saying build then sell before you get the finals? So who's your customer if your not the developer selling out to a speculator. Or why build at all, just sell the land with approvals?

>>>>>The best way is to do this, live in the property two years and then sell. No tax... Just keep moving on...<<<<<

Your saying build and live the two years in the unit? That's still more or less speculation a function of a developer not a pure investor to my thinking. Could you elaborate?
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