this is "the golden day" for real estate investing
Started by steveF
over 14 years ago
Posts: 2319
Member since: Mar 2008
Discussion about
http://therealdeal.com/newyork/articles/jeff-greene-this-is-the-golden-day-for-real-estate-investing South Florida billionaire and former U.S. Senate candidate Jeff Greene told Fox Business that people will someday look back on 2011 as "the golden day" for real estate investing, and those who didn't get in will be kicking themselves for missing out while inventory is high and interest rates are... [more]
http://therealdeal.com/newyork/articles/jeff-greene-this-is-the-golden-day-for-real-estate-investing South Florida billionaire and former U.S. Senate candidate Jeff Greene told Fox Business that people will someday look back on 2011 as "the golden day" for real estate investing, and those who didn't get in will be kicking themselves for missing out while inventory is high and interest rates are "lower than they've ever been." Greene, who is worth an estimated $1.8 billion, said that in the past year, he's finally begun to get back into the real estate game after seven years of sitting on the sidelines and will "absolutely" be buying more property over the next few months. Among his recent investments: a distressed condominium conversion site at 62 Wooster Street in Soho, which he bought for $26.27 million in April, and 260 units in fractured Florida condo where he says he's currently getting a 9 percent return on his investment now that he's renting them out. Couldn't agree more. One problem with Manhattan is there is no inventory. Anybody care to comment?...lol [less]
swe...u awake yet?
for you, fsteve, every day is "the golden day"
yes AR it's good to be a Jedi...come join us and learn the ways of the force. I can feel your uncertainty with the darkside. It has not served you well.
Future former billionaire Jeff Greene says "Buy now or be priced out forever."
SteveF -
Imagine how much better your life would be if you hadn't bought all those studios at the absolute peak of the market in 07/08!
1 - you wouldn't have pissed away all your money
2 - you wouldn't be so underwater now
3 - you wouldn't have the desperate need to hungrily claw at anything that smells like hope and post them on streeteasy
4 - you would be able to accept reality
Btw, I will STILL buy your condos for 50% what you paid, just because I feel bad for yoy.
Didn't the Empire wiped out all the Jedi masters except for one who ended up living in the swamp and the another who lived in the desert?
Oh,
5 - you would not (necessarily) be the buffoon of streeteasy as you are now, and might even have some credibility
heavens no Sunday. Luke and The Ewoks kicked ass and blew up the death star. Then they danced.
Hey steveF, are you avoiding me on the other thread?
Inonada - he's avoiding reality. It's what keeps him from outright despair.
Ok, so at the end, the Empire wiped out all the Jedi masters except for one.
inonada...shhhh!...the threads are very sensitive. I hope this one didn't hear you.
How did u discover that I'm avoiding you by being on this thread and not being on the other thread. You've got a great understanding of threads. btw, I'm a man of many threads.
I can feel darkside uncertainty within u as well inonada as with AR and Sunday. Come join the Jedis. However, there is no hope for Beatyerputz.
sunday, in further celebration they purchased some overpriced NYC studios.
Never understood ppl that were into golden showers. Whatever gets you off Fsteve.
...especially on a hot day like today right w67?
The friendly people over at the Arixona MLS says that today is not the golden day for real estate investing. In fact, they just released a report predicting another 10.43% decline in prices from May to August alone. Weeeeeeeeeeeeeeee! 1999 prices ... wanna ride again?
http://www.armls.com/Libraries/STAT_and_PPI_2011/PPI-JUNE-2011.sflb.ashx
... and you know what they say, "When Wall Street sneezes, Manhattan streets finally plummet with the rest of the nation" I hope the markets do splentabulously this summer.
Arizona ... X marks the spot
hot and sticky...stings...yuck
Btwn you and me Sunday, if his investing style is any indication, me thinks Fsteve pays men to have sex with his wife.
You get offf on that don't ya, Fsteve. And btw, if the numbers are any indication, you re blowhards are on the dark side and we few are the jerks.
Beaterputz, aboutready, columbiacounty, Inonada, Sunday and w67 ( the han solo of re, if you will)....
Ewoks dancing on your re grave Fsteve.
"HOLY COW: Robert Shiller Could Easily See Another 25% Drop In Home Prices"
"Shiller says he doesn't see "any evidence" that real estate is coming out of its bearish cycle, that began in 2006.
The latest Case-Shiller data indicating that a housing double-dip was already in place."
http://www.businessinsider.com/robert-shiller-fall-in-home-prices-wouldnt-surprise-me-at-all-2011-6
Also:
http://streeteasy.com/nyc/talk/discussion/5719-im-sick-of-stocks-its-time-for-real-estate-investing?page=3
Oops forgot alanhart and wbottom, good call on the double, young Jedi. Pulaski you a Jedi too?
More like the golden shower for real estate: get pissed on big time.
"I can feel darkside uncertainty within u as well inonada as with AR and Sunday. Come join the Jedis."
Master steveF, I totally want to be a Jedi. I was hoping you could show me the way. You know, answer my questions on the other thread about your numbers and how you expect to be up 300% by 2020. I want to believe, I'd just like to know how a Master Jedi like you sees the world.
So please teach me; don't evade. Evasion is not the way of the Jedi, is it?
steveF, likes golden showers, LMAO.
If you hear that FSteve is the Golden boy of Real estate, now you know why! Ahaha!
So, Steve, TODAY is the golden day for RE.
Did you just admit you've been wrong for TWO YEARS?!?!? Fantastic! It's about time!
btw, are you going to start crying again and then try to blame everyone else for going after you, when you are the one who start stuff? OF COURSE YOU WILL!
Let's hear it for SteveF, FINALLY admitting he was wrong!
sunday is the golden day for RE. >4200 open houses in NYC. flmozzle. Or something like that.
What is also interesting is that a lot of the big NYC commercial investors are pulling out - I've seen 2 crain's articles in the last 2 weeks - saying things aren't as cheap as they should be.
"SteveF -
Imagine how much better your life would be if you hadn't bought all those studios at the absolute peak of the market in 07/08!
1 - you wouldn't have pissed away all your money
2 - you wouldn't be so underwater now
3 - you wouldn't have the desperate need to hungrily claw at anything that smells like hope and post them on streeteasy
4 - you would be able to accept reality
Btw, I will STILL buy your condos for 50% what you paid, just because I feel bad for yoy."
Wow, did you nail that...