You have $50k spare....

[Nickatilynx]

What do you do with it?

Putting it in the bank seems daft.

Expanding your online business seems a good idea.

So what would you do with it?

Buy traffic?

Build sites?

Buy content?

[sarettah]

Send me that 50K you have laying around and I'll let you know what I do with it.

I'm not one for much forward planning

[Spw Guru]

Invest in real estate!

Find a way to suppliment your adult buisness and use maybe 5-10k to grow your existing buisness..

[Nickatilynx]

Originally posted by sarettah@Jan 25 2005, 09:00 AM
Send me that 50K you have laying around and I'll let you know what I do with it.

I'm not one for much forward planning

Fuck I'm a mind reader as soon as I saw you had answered , my only question was "Wonder what angle he took to make a smartassed remark...betcha its "send me the money"

;-)))

[Newton]

Invest in corporate ideas, technology and new business delivery concepts

[StreetRacer]

collection service. hire thugs, collect debts from adult webmasters and companies.

i am sure there is a good 100 - 200 mil $ screwed over in the past years floating

you could make a killing collecting from Ibill, Epoch, DMR, And ccbill alone

[Mike AI]

Buy a single girl site.

http://www.wantongirls.com/singlegirls

[XXXPhoto]

stick 10k in my party poker account and I'll see if can double it in month... 40-60 split...

[Nickatilynx]

Originally posted by XXXPhoto@Jan 25 2005, 09:35 AM
stick 10k in my party poker account and I'll see if can double it in month... 40-60 split...

Came 4th in the $10 7stud tourny last night.

I love 7 stud , but thats the only multitable tourny they have.

Won $480 though which is better than a kick in the ass

So far in those ..I've played 14...been in the money 8 , top 20 4 times and final table twice. I need a life lol.

[TheEnforcer]

Open up a new program!!

[cd34]

Originally posted by Spw Guru@Jan 25 2005, 09:04 AM
Invest in real estate!

That assumes that you can find properties that aren't overly inflated due to low interest rates. The 20% annualized gain you see in many areas is only 20% because low interest rates made it possible for buyers to overextend. I don't think interest rates will continue to hover at their current rates for long and that probably won't eliminate the capital appreciation, but, might stagnate values for a while.

Then you need to find something that is more passive than active in real estate. $50k leveraged properly might get you a $500k property if you have good credit and are ready to sign a personal guarantee. Don't want to encumber yourself? Until you are proven, 20-25% down is required.

$50k doesn't do much in real estate -- might earn you $200/month in somewhat passive income with the potential upside % of any capital appreciation in the property. This goes for commercial or residential and assumes an 8% vacancy/repair reserve. Commercial properties tend to sign longer leases, so, you could say $400/month.

The rule of thumb in real estate investing is to shoot for an 8% cap rate -- 8%. Deals that have a 15%+ cap rate are usually $500-$600k down, $3-4 million. Stodgy old men and Joe Homemaker are happy to earn 8%. Being in the adult world, 8% is rather depressing.

If you have 50k, find some of those 'we buy homes for cash' people -- they will usually pay 12% and you can't get much more passive than that.

What would I do with $50k?

For now, I'd find a $250k commercial building or duplex and shoot for that 8%. With aggressive deal finding, I do believe you can turn $50k into $7m in 8 years. (Actually, my numbers started with $40k and made the assumption of only a 5% annual appreciation rate) $13m if you believe the current trends in real estate of 10%+ gains per year will continue.

Why real estate?

Do you want a cash cow, (well, until Shell mucked things up) buy a gas station. Gas stations cannot be finananced through SBA, most banks won't touch it. Want to buy a business? Buy a dry cleaner drop-off -- requires 1-2 employees and is based on the location. Want to finance buying a drop-off store? can't talk to a bank, they won't do it. SBA MIGHT touch it. If you can find a laundromat that has marked up their FF&E, you might be able to finance a laundromat.

The banks understand real estate -- they understand 2nd homes. They don't understand how to loan money on a business that could disappear overnight if you mismanage it.

I've spent the last 25 months repositioning myself after figuring out the game. After Feb 1 (I hope), I'll have things on the right path. Its been a long journey, but, I'm seeing the light at the end of the tunnel.... and this time it doesn't look like an oncoming train.

[pushpills]

put it on black.

[Peaches]

I'd start a check cashing store

[Almighty Colin]

That's a hellova second post, cd34

[Almighty Colin]

Originally posted by pushpills@Jan 25 2005, 12:47 PM
put it on black.

I played black 8 times in a row last time I gambled. 8 reds. Last time I gambled.

[Almighty Colin]

Originally posted by Peaches@Jan 25 2005, 12:49 PM
I'd start a check cashing store

Why?

[JR]

Originally posted by Almighty Colin+Jan 25 2005, 10:02 AM-->