patrick.net

“”LOL she also made a comment about how the toilet flushed really powerfully which is good for guys.”

What can't thay install industrial toilets (like those in office buildings) that can flush down half a roll of toilet paper in every home?

Should I buy a business so i can bring money home to support family or should i invest money in stock, bond, gold give me an idea? I live in BA. Any suggesttion greatly appreciate.

Focus on finding a job first.

Buying business for cashflow does not usually work out. I have friends we got burnt multiple times trying. If a business is truly profitable, why is it for sale? Unless you can definitely add huge value to the business in ways that the previous owner could not do, there is no point doing it.

(Not investment advice.)

There is no jobs out there, that’s why i want to buy business.

I thought hiring is picking up. My friend went to a Stanford job fair yesterday and he said it was much larger than last year.

I would be very suspicious of any number quote by a business being sold. Is the number net of hired help (which may be necessary) and a modest salary for yourself?

BTW, you may want to try to look for work before thousands of real estate agents and flippers suddenly realize that they need to do the same.

I’m a machinist.

Have you looked into buying a small machinist shop (or a related business)? If you are in the business, at least you will have a better understanding of the work and you can better avoid potentially bad investments.

Just want to add...

Many business owners may tell you that they have cashflow off the book for tax reasons. Beware.

Anyway, buying private businesses is a rather risky proposition. Do not take my word for it, consult someone who knows the business as Mr. Wrong (Right) suggested. You may also want to talk to a business lawyer. There can be hidden liabilities depending on how the deal is structured.

Hey, Van Kouver, I heard that Vancouver is forming a top. Is this true? I have friends who may be buying, and I need to convince them of the housing bubble. Thanks.

Well, let's make it 400.

Condos look pretty toppy just now, but the general market looks surprisingly firm–might be different tomorrow.

What is the P/E ratio for a 2/2 semi-prime condo up there?

Peter P–I just looked– $450000 is a more reasonable estimate, some a bit cheaper. Rent is as low as 1175 per month, and up to abt 1700 for similar.

P/E is very high indeed.

Van Kouver, my wife just showed me a price list of some condos in Mariner (?), a 2B+Den is asking for about 1M Canadian. This is madness!