 Is it to early to worry about the future? |
im only 18 but will be 19 in less than 2 months im worried about savin for my retirment im i to worried or should i start saving now?
any advice helps ... |
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 Can you actually lose money in the stock market? |
| Can you in real life lose money in the market unless you sell lower than you bought? Any loss that you ever have is only on paper until you sell...it is all just a state of mind is it not? NONE EVER M... |
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 What would you do with $20,000.00?? |
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 If YOU have ONE BILLION DOLLER to Spend in 3days?How will u SPEND?What will u BUY?It is all YOURS.ENJOY it...? |
| Whatever u can spend in 3 days that is only yours. Rest they will take back.. So PURCHASE all ur Dreams.Dream Big.The great Dream will win ...... |
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 If you won the lottery? |
i saw that euro millions jackpot is at £88 million, what would you buy if you won?
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why are people saying boring things like investing lol i dont think you need to ... |
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| Give me some ideas of how to turn a £5 in to a fortune :)... |
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 I'm 17 with $500 to invest. Where to start? |
I've saved up $500 that I'd like to try to invest. Nothing too complicated, just so I can maybe get a taste of the market and a few dollars out of it.
Any suggestions?
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 Are you allowed to sell candy in school? |
I go to a middle school and I am thinking about selling candy, should I? Can I?
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Eliza P what's your problem? Am I supposed to know everything?... |
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Danny c | My father gave me some land.. He said I could do whatever wanted with it.. How do i build a house? |
It's in a good neighborhood and it will sell right away..what i don't know is how to build a house. I think its a good investment.. anybody else think that? |
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statictrap
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To build a house, you need 50% down usually to get a loan for the cost of building the house. Hopefully the property value is enough to do an equity loan on it to pay for the building of the house. You first have to find out the community zoning laws from the city or county to determine what size of house, type of house, and any limits on number of bathrooms, etc. There will also likely be community fees for permits, traffic and/or school and park impact fees. Once you know this info, you hire an architect or builder to produce a set of plans for the house and apply for appropriate permits to get it authorized through the city or county. You then need to find a contractor/builder to quote the cost of the job/estimate, and then you need to find a lendor to loan you the money to pay the contractor to start building it (this is where equity in the property is good, or some other nest egg to cover the 50% down required by most lendors on custom built homes). There can be lots of other fees, like connecting to the sewer, cost of running electrical and phone lines to the house, soils analysis, grading issues, etc.
It's an arduous undertaking, and could take a year or more in the process with lots of hassles with the contractor, city permits, weather, etc. But in the end, you get the house you want, built the way you want it. |
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lovingdaddyof2
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Not at the moment. Wait a few years for the housing market to recover if you are looking at resale.
Also save up and build your own house on it. The lot cost that you save you can avoid in debt.
Systems such as U-Built it are alright if you have some background already, but if not, then stick with a contractor whose experience is what you pay for it.
Superintendent of over 200 homes. |
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Wonder
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This is a terrible time to sell a house. If it was my land, I'd start thinking about what I want the house to be. How many people will it house? Are you going to live it? Will it be a rental? Are you going to flip it? How much do you want to spend? Will you qualify for a construction loan? Can you afford an architect now? Learn about the building codes and permitting. Then ... you might be ready to start. The housing market is supposed to turn around in 2009. That would be a much better time to sell the house.
-MM |
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mel
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no. keep it and watch it grow in value or sell to a housing tract builder. or watch the municipality get it off you real cheap if they prove a need for it. |
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Frankie
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Real estate is bad right now so its best to hold on to it for 2 years until the market picks back up again. |
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luisDX
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This is a great way to make thousands of dollars!!!!
If you want to build quickly, cheaply, and effeciently, hire some mexicans!!!! they will work day and night and won't stop 'till the job is done!!
To make it have more value, get in touch with the new tech and trends. Spacious bathrooms are in high demand,
as well as an attic or basement. Swimming pools depriciate the value of a home, because of the high maintainance and bills. Also, have a spacious garage, with room for two cars
and extra space for storing things. To make the house more buyable and increase the value even more, think of skylights, and paint the interior with light colors, white with light brown makes the house look spacious. The most important thing,
have a neat front yard, and back yard. The more money you invest in building the house, the more you can get back!!!
My dad invested $300,000 in making a home in california and sold it for $2.3 million! He had found some land for sale in a very high class community and it was the deal of his lifetime. hope this helps!!! |
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lovepets
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good for you See Prof |
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falconefever2001
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hire someone |
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I Miss CARBS!
 |
You will have to hire a contractor/builder to build it to your specifications. Beware of anyone who asks you to pay up front. THAT is a sure sign of a scam. Check the BBB to find out who is credible. Best of luck to you. |
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Momwithaheart
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I do know how to build a house, but I'm not so sure its a good investment at this time.
A lot of people who could not afford a house took out loans (ARMS). Now they can't pay for them and that means foreclosure.
Just hang onto the property and see what the market does in the future.
This is really a stupid kind of question. There is so much that goes into building a house. Do you really think its possible to do that on here? Guess you do!
But its not!
Get some plans and go from there getting bids on plumbing, electric, block layers, sheet rock, framing, A/C, cement workers for your driveway/sidewalk,pouring the floor, kitchen and bathroom cabinets, stucco,painters, tile layers, carpet layers + material on all of this plus more........depends on how fancy you want to get. |
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KC
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There are great house plans available on the web; you just need a good contractor to build it for you. |
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saulg21
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Try to see if you can build two houses by a home builder,and rent them out so you have extra money coming in every month. |
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thexc
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You can ask a company to build one for you |
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calisqo
 |
Contact a good architect.
They can take care all the paper works if you don't already know
A well designed house can double your investment in a good area also it's nicer to live in it. |
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Lost_Soul
 |
you would first have to go to the city i suppose to get the permits to be ALLOWED to build there.... then hire a contractor and/or real estate agent... or do that first, then they'll tell you what you need to do and what papers you need to get etc... |
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Ron Berue
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Before even thinking about building a house - or any other building - on that land, there are two very important steps you should do:
1] Go to the municipal building and find out what the zoning is for that land and find out what kind of house or building you can put or build on the land. You MAY be able to put a duplex, 3-unit or larger building on that land. The land may even be zoned for commercial, industrial, mixed-use or special use.
2] Find out if the land is large enough to sub-divide. This means making your one single piece of land into two or more lots.
Doing this could help you very much. IF this is possible, you could get a civil engineer/surveyor to survey the property and divide your single [iece of land into two or more lots.
This is accomplished by checking with the municipality to see what they need, then doing the things they want according to the way they want it. You will need to have someone prepare different legal descriptions for each lot. Yu could keep one lot and build on it; the others you could sell off as you wish OR you could get the property sub-divided and sell one or ALL the lots. THEN take your profits, buy a piece of land and build in a better area.
There are ladies and gentlemen who do this ALL the time. This is how they earn their livings.
By simply asking a few questions and getting some answers, you could have a better picture of and for your future, couldn’t you?
Thank you for asking your question. I enjoyed taking the time to answer your question. You did a great job - not only for your information, but for every other person interested in reading my answer.
I wish you well!
VTY,
Ron B. |
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blue eyes
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YES! Consider yourself very lucky. I wish I had some land to build a house. If you can do any of the work yourself, then that will save you alot of $. You can find a home builder in the yellow pages of the phone book or try typing in "home builder and your city and state" in the search area of yahoo's home page. |
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abenezer s
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you bet ye, hire a pro |
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Smilin' Jack
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Google ''house builders'' or open the yellow pages. |
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Onpage57
 |
hire people to build a house. |
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Eltigre
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Yes, investing in a house is always a great thing, specially if you are the one building it since your taxes will be much lower. If you build a house for.. lets say 150,000 you will end up paying taxes on that amount and not what the property is worth. since you said it is on a nice neighborhood it could probably go for twice even three times the amount you paid, but if u decide to keep it, you will only pay taxes on that amount. Also, equity is built much much faster which means you can make a hefty profit.. Man you cannot lose!! |
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J mom
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Research home builders and find a reputable one that you like. |
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CCRIDER69
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YOU NEED TO GET BLUE PRINTS MADE UP AND HIRE A CARPENTER,OR GET SOME FRIENDS THAT KNOW WHAT THEIR DOING....GOOD LUCK.. |
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avery c
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do it do it |
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CAT
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Get in touch with a contractor that works in that area or a real estate agent. |
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jollyroger76
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Use the land for a down payment to the bank on a 1500 to 2000 sq. foot house. Research a good builder in your area. Get references from his customers. Have him build it on your land. Keep up with payments on your mortgage. This is an excellent investment. Have atleast 3 bedrooms, and 2-3 bathrooms. |
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Gaara
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yeah it's good |
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empire2324
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yea. it is a good investment. contact a local building company and build your self a mansion |
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kj
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I agree, I think it's a good investment, too. But you need to hire a builder! Either that, or you could buy a Home Depot store, because you would definitely need it. |
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heather s
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i think its a good ivestment,make sure you have permits!!! |
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