Topic: Idea,need real estate the good one in good location and it can give good income (Read 427 times)

Sincerely speaking honestly I don't get it and I just came across such threads talking about money talks and all he'll do is to collect funds, and I'm guessing it's all from this same person cause it's more or less like a shit post beginning from the subject down to the contents. And real estate it's one topic that require alot knowledge about it and he ought to know everybit of it .

Getting into real estate either an owner or a property manager is based on trust. It's hard to do something like this even if you have the best idea after all. Try to look for some ways to start in your area or nearby cities and pursue this plan of yours but don't overeached yet when you want to plan to get into Dubai. You'll have hard time finding someone that will get into this offer of yours even if you are honest. What people with money wants is trust and even there's no guarantee that their money will grow. And if they will invest or get some property into those areas you've mentioned, they'll do it by themselves and not trust some random internet guy.

Some people will end up thinking themselves to be a lot better than what they have been looking and that's the most important situation. I cannot consider how this could change because those people are more focused on what they can achieve, and not see how they will fail, and that's the most important part. It's clear that they will end up losing out, but that doesn't mean that we have to take a look at them and see if they can actually do something or not, we just need to focus on getting better for sure.

I imagine focusing on yourself and making yourself as better as you can, is the key to get better results in life, doesn't mean it has to be economy or anything else, it doesn't have to be just business, it's in everything. Denying improvement is a wrong path to take.

This seems like the most primate idea of making money. Buying a real estate, then renting it out to someone, and then using that as capital to get more debt, and buy more houses and then keep on making as much profit as we possibly could make and keep repeating that for as much as possible. I am not saying this is a bad idea, of course there are good reasons to do this, but it's such an easy concept and if it was such a great method, I bet you that everyone would do that in the world, and then everyone would have a home and then more so you wouldn't be able to rent your extra ones.

I do not like the idea because it is not sustainable, too much asset with too little return and I believe it is going to cause a lot of trouble in cash liquidity whenever you end up with renters not paying or not finding proper renters.

You want to be successful in a multimillion-dollar business, but at the same time you have problems with the basics of spelling? What would the documents you would draft look like and who would sign them like that?


If you see things that way, you have a big problem. Even if I had a bunch of money and didn't know what to do with it, I wouldn't give it to someone like you because I think I would lose every last penny. Instead of trying to fix others, maybe it's time to try to fix yourself.

if you cannot get capital from your local area (friends, family, neighbours, peers, your own bank, interested local businesses) then no one online will trust you
secondly you are showing alot more red flags of not being mature in the business world nor even understanding the real estate world

it is funny how you are just wanting to beg for money and then say how you will waste said money, not on property but on the basic things that a mature business person should do for themselves.. you wanting to hire people shows how lax you are about investing.

lets pretend your deal was legit
for instance by not knowing property law you have no business in the real estate market. to hire people to write your documents for you will cost a salary equivalent to one plot of real estate so just your lack of knowledge has wasted one investment opportunity of property ownership

so just admit you dont know enough and are just trying a silly scam to garner money in a industry you cant even be bothered to research to even know the basics to even sound atleast mature enough to be reasonably investable

if you really do want to pursue your scamish sounding dream.. try it on the locals that live near you

We have to get knowledge of rules of government for property and we have to get knowledge of tax system . If any person want to invest in foreign country, he will be responsible for his loss because tanants can occupy your house because you can't reach to your home or property physically. So I will suggest not to invest in foreign country and you should invest your money in the property which are very closer to your home .But if you are visitor and your family members are   citizens of foreign country then you can invest in that. But close properties are more safer and you will get returns on time . But if government made defense area then you can invest in that because you investment will not lose in that.

It’s a good idea surely, one that could work but, you’ve got to have the right kind of persons on your team. You’ve selected some of the best cities in our world, cities that you can say have gone far ahead of most in terms of development and technology but, is that all that is?
What’s there to note is that, most of these cities have developed more areas within them that, there is little room for any new project. Except you’ve got well enough money to buy some really expensive properties even when you’re not sure of profit except, you’ll be leasing and taking rents gradually to meet up.
Also, be sure to align your ideas without government plans for the city else, you wouldn’t do so well with these plans.

This is true, there are a lot of other assets that is making a good return and I believe we should consider this to be a good return without a big doubt, and could be considered as a good deal. I get that it may feel like it's a little different, but at the end of the day it's still a good period and should not be all that complicated. I believe the best thing to do right now would be just focusing on how to get better approach to what we have here, and we can definitely consider this as a good deal without much doubt. I can see bitcoin being better than real estate, and I can see even interest be better, and maybe stocks, the only one I would prefer real estate is gold, and that seems like the most important deal without a doubt.

With interest rates being a little high compared to previously, caused by of course COVID period high printing which resulted with inflation, so to slow down the inflation and get some money out of the markets the FED had to increase the interest rate for a while but now dropping, we can see that a lot of people prefer putting their money in interest, instead of buying houses with it.

But this has been a common idea since mankind started, I know one example, Crassus, part of first Triumvirate used to buy houses everywhere, mainly in Rome of course but he would do that everywhere he goes, and would not only collect rent, but would also renovate and sell too, would build, he was basically a constructor in mind, but in reality he was a general.

The main concern of this one is on having those documentation and other process on regarding into the property that you have purchased out and its been done via online on which it is really that hard to believe or trust up such transactions specially we are talking big money on here. We do know that properties doesnt really come cheap and making up some transactions without involving any paperworks and some signature will really be that something that doubtful about its legitimacy. This is why if ever someone do make out some purchase through online without physical apperance then its good to know and being lucky at least that he hadnt been scammed out, knowing that transactions online does really have that highest risks when it comes to fraud and faking. One of the known businesses or investment that could provide out that good passive income could really be acquired or would really achievable on real estate business but of course this isnt something that will really be cheap and thats why only a few does have that kind of capability at the moment on buying up properties. Although not all people who do touch up this space do become that successful on which it will really be that still basing or depending up on some factors on which it will really be also contributing on someones success into this industry.

But guess what, it's really interesting to know that you can invest in the real estate industry in a foreign country over the internet. Knowing fully well how profitable and reliable the real estate market is, being able to invest outside your country without necessarily showing up physically is something that makes sense to me. But again this bring me to asking, how flexible such business transactions can be, and how do you trust the process. It's not unfounded that an investor is prone to being scam over the air when they go into businesses like buying physical assets or properties by proxy could be a dangerous practice to my opinion.

Thanks to the technological advancement that has made these processes easy and seen to the growth of such online real estate platforms. Though in this case one must be very careful and ensure you do due diligence to avoid falling into the wrong hands or to ensure the legitimacy of the property as well as whether it meets up with the country's laws, tax implications and foreign ownership restrictions.

Wait, I thought you wanted to manage everything yourself since you are jobless, but you are telling me you are going to hire other people to do the things that you can't do with the capital that you collect from me. 
For your last statement, you can't have bigger things when you don't focus on small things first. An employer won't hire you if you write, "I'm focusing on achieving higher education" and not providing any information about what you have already achieved because they don't care about what you may do, they care about what you have done so far.


You actually need to stop dreaming and start thinking rationally. We do want all that in our lives, who doesn't? But that doesn't mean we are going to start building skyscrapers in the air because of a complete stranger over the internet who tells us he will make us rich if we give him all our money by travelling around the world and building a real estate empire using our money.

I like your brains very smart, and you think you can come up with this ideas and people will listen to you just like that. Mate, you need to wake up and think of something better to do with your life and stop living in a dream world. If I want to invest, I will invest in bitcoin where I don't need a third party to trust or rely on with my funds, but keep it inside my wallet. The last time I checked bitcoin investment gives more profits than real estate overtime. If you use the exact amount of money that you invest in real estate on bitcoin, you will make high profits in the next circle bull run that what you will get from real estate.

You are just daydreaming, I understand that you want to make it big and this is the idea that came to your mind, but this is not really a plan that you could put in action now or even a decade in the future, concentrate on the now and the ways you can use at the moment to generate a positive cash flow, since no one is going to be interested in joining you on this journey, when they are the ones that will take the risk of putting their capital forward, while you are just organizing the whole thing.

Everyone is looking for safe investment these day and from what has been passed around and sold out to many people for a very long time is that real estate is a safe investment. You see people who had managed to get capital flooding into the real estate market just because this is the best investment plan and strategy they were told and could come up with.

Don't get me wrong real estate is not a bad investment but now you need to understand more about it. Their are some real estate you buy into that becomes a liability to you, you end up losing and regretting the investment. There are some people who bought into a real estate deal that end up losing it to the government, or those who bought it in areas that are prone to natural disaster or man made disasters so it ended up not being profitable.

In conclusion you don't just go into real estate feeling you can lose. You need to do your research and investigation right.

I want to be money maker deal marker and business person in this world whenever i look i see only money flowing around.
I don't think i need spelling nowdays i don't see who cares about this things....people like donald trump are all about money and If we need we find someone who been in school enough and learning writing correct ways.
All i need is Capital once i have Capital and team i can a lot and i can hire some educated people to do things what i don't need to do or know about myself.
I think while Im focusing for bigger things how i can have time for small things.

Your attitude is kind of average " i can't do attitude" so i need ambitious people who want to deal with large money and move large things.
But i see people here dont want to do bigger things....i mean don't you guys don't want have nice Luxury apartment...why not drink the coffee and enjoy the greatest view over the NYC central park ....and then have another apartment with 10 bedrooms i mean don't you really want that ? I want the way i see my life is that way and If only thing i need to do is to find money the capital and once have money you can rule the world and once you rule the world you make money from money and then more money and you can really enjoy life fullest and you can grow spiritually becouse all the material things you have what you need and want.
Btw, If something nice is build like some nice Luxury apartment what make you think that's not meant to be for you but for someone else ?

You see i think you need to fix your mind off course you got be realistic but that's why i know i don't have money but If i unite and make network then unity power.

You dream maybe too big go try to find people who got high ambitious like you are i don't think that's here place for you to have so high goals,the idea is good yes anyone who could gather together and collect funds to have assets could grow wealth a lot that's true.
That's why only few will make it those who work in network with strong team will win your large real estate plan needs a strong team who want to get success it's clear that 90% not willing to fight for success.
Try to find people with higher goals for your project because you know people have a lot envy and low self esteem,so better avoid from them.

First you have to learn the basics of spelling, because the names of cities and countries are written with a capital letter - this is what children learn in the first grade of elementary school.
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You want others to invest millions of $ and take all the risk, while you organize exactly what? I suggest you find a job or start playing the lottery because you will have nothing but fantasies from these things. The one who has money will not give it to a complete stranger, but will invest it himself.

In the aspect you are saying is actually not bad at all but I was not actually emphasizing on investing because there is a different between investing on real estate and owning a real estate and the work are not the same, so the one I actually kicked against for myself is the owning aspect because of the things I said earlier but in terms of investing on real estate outside the country is very good because it doesn't demand much from you and if there is any change it will be sorted out by the company since you invested under them and if there is anything document or meeting they can just do it on the zoom meeting.

I think this is a different discussion thou it's possible things like this have been discussed before. The topic is misleading, it's not just about real estate ideas or how profitable it is as indicated in the topic. Perhaps, you didn't finish reading since you thought it is a familiar thread. Here, Op is looking for partnership that can provide money while he carries out the necessary task to ensure profits are realised at the end of the day.

Unfortunately, things like that don't longer work easily. Of course, everyone can preach honesty online and act differently against their words. Moreover, escrow can not prevent scam from playing out here since it's not a circle transaction. What do you intend to keep as an escrow since you say you have no money? Do you have property to put at stake? It won't even work that way since this is out border deal. The best advice is for you to look for people around your community who are interested in your idea.

Technology have got far all throughout the years and many things are digitalized now (thanks to the help of the internet), therefore it is also possible to own a real estate on other countries even if you are not really there because they can just hand you the documents over the internet or straight to your e-mail's boxes. Maybe that was true that investing in real estate had some certain criteria. It can be a hassle to some but in cryptos, investing is only easy. This is one of their advantages. In real estate investing, once you pass the criteria, I think you won't experience an issue anymore later on and if in case you are not fit there, just move on to the others.

its not just that he pretends he has a dream to buy property in other countries (though sounds like a scam) . but lets pretend he was genuine..
so imagine he done one of them online auctions to buy a property.. he has no clue the condition of the building and would need to pay for renovation costs and such. then a management company to manage tenancies and also all the local government property tax stuff

without knowing anything he cannot even dream of profit without knowing the basics

..
so its not just his lack of knowledge of potential area's to invest in. or lack of knowing how real estate actually works.. but many other things that reveal that he has no experience or history to show that he is even worthy of being a partner in such deals (though i doubt it was a real deal in the first place, it reeks of scam)

Investment is good but the thing is that we should know the key of any investment that you want to go into because when you don't you're fair not understand the kind of investment I want to go into it will be difficult for you to Excel for the business or for the investment because real Estate business is good but for you to extend it to a different countries that means you will have the knowledge and you have been practicing locally and also in your own country and it has been a good business for you, but a process whereby you have not understand such principles of investment in real estate management I don't think that is good for you to extend it to a country that you are not originated from or it will be easier for you to control in your country than another man's country

I am sorry, what?

This doesn’t make any sense. Why would you be the one to collect the money? No hard feelings mate but I will be blunt. If you don’t have any money of your own, no property of your own, no job then you have nothing to offer and no one would want to partner up with you and buy a property to earn from. How is that fair? You will be asking for money from others then benefit from it just because you collected it? Lol. That doesn’t seem fair. And anyone who is interested in this kind of business set up is sure to fail.

It’s either you find a job of your own and save up money of your own to buy a property or don’t try to scam other people of their money.

The Dubai real estate market is quite good this days, with very good rental returns in hotspots such as Dubai Marina and Downtown. However it is still susceptible to the global economic conditions, if there is any recession or decline in the price of oil would result in significant price corrections. Buying with cryptocurrency is possible in Dubai, but every market has different legal and tax considerations. Also, I think managing properties in different locations will be very challenging, there will be things like fluctuating demand and local competition.

When you add escrow to crowdfunding it will be more complicated, there needs to be a lot of trust, but more so, transparency when pooling multiple investors' money together. Laying out the legal agreements and strong frameworks for protection will be important for all involved. High-end properties may get you some profit, but success in real estate usually depends on thorough market research, planning, and long term commitment.

The Idea is a good one, there are lots of trusted escrow in the forum you can use, but the problem is seeing enough persons that will key in into these project because there is a lot of convincing to do before the Idea can be bought as their funds will be involved and not only that, Locations too will  also be a major issue, lot's of the forum members are cut across the globe, some don't even have international experience to travel to Europe and some other countries you've mentioned to go and verify some of the properties that will be bought, so resolving some of this lacunas needs broader explanation and insight.

Perhaps he has all the financial resources to make it happen but like you said those kind of investment is mostly important doing it at your place of residents because challenges can arise in the future were the person may not fit in the necessary criteria to own an estate in another country because as time is going that's possibly how some country policy is also changing and the best suitable way is actually if the person is a resident to that country, however I would have suggest having a company on those countries instead but it still fall under the chances of real estate, so actually I think is best to diversify those money on his country instead to avoid traveling all the time because of emergencies or other matters.

Not having money or a job makes you the wrong person to handle this kind of business. People might be more comfortable in joining resources with others to fund a business. Not having a job can also expose you to think of scamming others since you are not financially stable. 

Company registration documents can be easily forged. It will be better if you seek funds within your vicinity. People you know physically might trust you more than individuals you meet on the internet. 

I don't need to buy properties in Dubai, Monaco, London, or Madrid to invest in real estate. I can start investing in choice properties in my country. There are also trusted real estate companies that offer better and safer investment options.   

I am just here wondering how rich OP is considering he is thinking about buying real estate properties in different countries. Usually people tend to just buy real estate properties in their own country. Probably for easier maintenance and surveillance.

It also helps that you are most likely to be aware and understand of the laws and everything legal matters in your own country where you are a citizen of. I am sure there are some peculiarities when you buy assets in a country you are not a citizen of and that sounds like extra work.

Yes yes i understood a lot people have the limits on their minds and are afraid of succcess and growth.
that's all right i'll build some another business little smaller

You mentioned you don’t have any personal capital to invest and that you’re organizing this venture on behalf of others. While it's not uncommon for people to start businesses without initial capital, the lack of financial stake on your part may raise concerns among investors. Trust is crucial, and in a situation where you are acting as a "middleman," the potential for perceived fraud or mismanagement increases.

The OP has excellent ideas regarding real estate and how profitable it can be for investors in the sector, but he shouldn't be shocked to know that almost every adult knows this. He's not the only one that is passionate about going into real estate but don't have the funds, so it takes more than just registering in an anonymous forum to look for investors for his vision project. I seriously doubt that any member of this forum who has the funds will want to risk it on a newbie who probably doesn't have any experience in the field. I'd advice the OP to take the advice that he's been generously given on this thread to start from his country of residence and when he gets local investors to partner with him and they own properties, then he can use his resume to attract foreign investors for bigger projects in other countries.

If you do something in a good location, you can expect a good income from it, but you first have to understand what kind of place you want to go. You have to know what you want to do in that place after you have selected a good location. You have to see which ones are doing well around you or which ones are good to do. It would help if you chose which position will work well for that location.

If you can do something good according to the location, a good income will definitely come from there. Suppose you are trying to do something near a hospital, then you have to see if you can do anything near the hospital; if you can do something about any medicine or medical sector if you can give something better than others, something good will definitely come from there. You have to completely select what you do according to that position. It will work well, and something good will come.

Being honest, you have got a very good and luxurious ideal here on how one can create wealth. Interestingly going to be for a long term investment since it is to be a real estate assets.
But let me tell you, everyone has similar luxurious investment ideal but lack of funds to start it up just like you, some too would face management challenges because not everyone business ideological persons has a good management characteristics.

Just saying that nothing much is unique from your thoughts  and I would advice you not to engage on this expensive as a course of borrowing money before actualizing it.
Not saying borrowing money to invest is a bad one but the implications is that "Venturing into a new business is like running an experiment" "Which means it would work as planned or fails as planned".
Then you will become indebted not fit enough to pay back your debt in the rest of your life since you claims not having a job and no saving to support this ideal.

So I will suggest you should dream lesser and start from what you can afford according to your worth just as you referenced the MC Donald.
The risk of this your ideal is just too high but though a good one for those who has the guts to face the predicaments without regrets.

There are multiple discussions on real estate on this board. Personally, tired of having to comment on each one of them.

OP, do you search "real estate " in this board and you will find several discussions on real estate perhaps if you read through you will get the response you want on each slide of the thread.

That's the best contribution I can give to you. If you get what you want later on, feel free to lock the thread to avoid random and spam posting.

If you really want to exhaust the potential of this venture, you should at least be familiar with the area of where you want to purchase the real-estate. Hard to rely on a third party to do the dealings for you. You can easily end up without profits from this venture. Because if you are not in that place and you are just directing someone to do the transactions for you, you won't know the real condition of the property.

I believe everyone know that real estate could be a profitable business and when someone buys properties in good locations then there's chance to earn enough profits by renting the properties or by holding those and selling once rates increase.

But, most investors don't really invest their money in real estate these days, and the ones who invest their money in real estate have enough funds and contacts that they doesn't need a third party involved in those deals.

Well in sincerity all I see here is a Dream.
Even with escrow evidence can be forged
And since you plan on taking the organizing and the physical aspects
It would be best if it's done in your country to reduce cost and complexities with documents on procuring lands from other country.
A nice one, I'm a fan of real estate myself but would advice you start lower before going this Big.
Rentals wouldn't give you massive reward compare to your investment in 3 years
It takes more than that.

Ok as you wish i guess god have better plans for me then this one i'll keep searching thanks for opinion!

every city you mentioned has its good and bad area's

concentrate on locations(streets/suburbs) that have local amenities and understand the type of customer you wish to be renters

for instance if its near a hospital, aim to promote the house to doctors(high income)
or if you are looking to air BnB look for locations near tourist/entertainment/sports venues

as for you looking for investors... well if you cant show experience and funding records of already doing real estate, no one will invest in you, especially not strangers you/they met on the internet.. basically you mentioning lots of locations around the world means that you are not even bothering to want to manage the location near your own personal location, nor wanting to register a company in your own name/location. this scares people(red flag) as you want to just take money and not have responsibility. it also shows you have lack of a plan, by just spouting out random cities

if you cant even get a relative/friend/work colleague/your own bank to invest in you and instead you want to seek stranger investment. it starts raising more red flags, especially with the other things said about your lack of understanding the area's/customer types

by the looks of your proposal such as not using locations near you to manage, not understanding the advantages/disadvantages of each city you did mention. and not having money to help. shows you are not offering anything yourself to any deal. anyone else can just do their own property search without you and get same results. so why need to involve you or hand funds to you... makes no sense apart from revealing dozens of scamming possible red flags..

Can this plan works?
Im motivated to collect funds then we see how much we have i'll contact with realtors and deal done.
Possible locations Im interested to buy:
Dubai, Miami ,new York, Beverly Hills (LA), Monaco, french Riviera, London , spain.
Places like Dubai could be good there is a lot demand and as far i know you can buy with cryptocurrency easy any property in dubai.


For short term rental basicly renting out with RNB i was looking the prices it's insanly expensive you could get something like 300$-500$ easy for just one night.  
Off course not one person has that kind of money to buy properties around the world in good locations but If we unite together and buy property on good locations where is always high demand it's great income.- that's why we really need property at top locations so rich pays who ever rent out with good prices like in Monaco If we could own just one property there it's literally "money printer"and if we get property with good view then it's best so we want to have the best properties so we always can have high demand by people and higher rent price.

Im looking for people who has money and want to invest Im honest i have no money my own but i'll organise this all off course nobody not going to trust stranger like me but we can set up escrow once funds are collected in escrow i do provide evidence the info and possible property and If we all agree with terms we take this property and start renting out even If we collect funds for just mortgage downpayment you can make your monthly mortgage payment + extra profits.
Since i don't have Job anyways i can be right person to handle this all.

I could do this under the company or as person but i guess better way is to do under company as registered limited company maybe in UK wich is easy process.
Im myself european citizen

But wich escrow service we could use for that ? Can we use this btalk forum escrow ? i think it's great way to collect funds by crypto then we see how much we have and then we can agree wich property we will be taking and how we share revenue of the rental income off the more luxury our property are the more we can earn, and we can use this property for our own needs If anyone of our team members want to travel or need some accumatation for longer or short time stay then can use property.
and from that cash-flow we could finance other projects aswell one good idea would be coffee or other food place the location is key and remember MC Donalds started business empire because of real estate first they had a lot properties so they started the McDonald's business empire so we need to build our own empire aswell and i can be that person who organise everything for my team.

Sure it's a lot work even If we have collected enough funds but untfortunately easy doesn't existing and hard work pays it's hard work when we start but later after 3 years Im sure it will be well rewarded.
So this is my idea i would love to get opinion of those who got some real estate experince what you guys think about ?