About E-man

E-man


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In United States
Registered Nov 09, 2009

E-man's most recent comments:

  • On 29 Jul 2014 in Torcana : 8% return assured for next 5 years ( iwog, SFAce, EMan -please comment, E-man said:

    @SFace,

    I've looked into tax liens. During the downturn, that was the best time to buy them and wait for redemption. However, why buy tax liens when you can make much more buying real estate? In normal time, properties, that owners let go, are typically junks that are worthless. Also, competition is fierce now because everyone is looking for yields.

    I've been looking into mobile parks. Seems like we have to go out of state to get better yields. However, we are giving up appreciation for a couple percentage points in yield. Not worth the risk in my opinion. In addition, when we invest out of state, someone else controls our destiny. As you already know, no one is looking after our money better than we can. With that said, I've been doing some hard money lending to rehabbers for 1%/month. So far, it's working out ok.

  • On 28 Jul 2014 in Doubled up on FB, E-man said:

    tr6 says

    E-man says

    Apparently not. :(

    FB profit margins are ridiculous, but sales are still very low. 3B a quarter is only 12B a year for a market cap of 200B. I have not used FB in a while, glad to get off it.

    I got you beat. I have never used FB and don't even have an account with them.

  • On 28 Jul 2014 in Doubled up on FB, E-man said:

    tr6 says

    E-man says

    SFace,

    Just sold all of my FB shares. Cleared almost $12,500 in profit. Thank you very much.

    Wow, you probably timed the top. Only time will tell.

    Apparently not. :(

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