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Once again, it's time for the FNGT!

If you don't know how this works, . That link will take you to another site to give you some additional information and tell you about some of our off-site features. That's also the site where we will host the weekly guitar threads, should Poal go down.

NOTE: That site is by invitation only. If you want an invite, and you're a regular participant, then just ask COF, Crazy, or TheBuddha.

If you do know what's going on, you probably don't need to click that link - but you may want to, to make sure you know of the other features, such as the archive or a separate forum that's invite only.

Remember, we are guests here on Poal. Let's act like it. If you're interested in supporting Poal, then .

# **Once again, it's time for the FNGT!** If you don't know how this works, [click this link](https://fngt.gq/index.php?page=intro). That link will take you to another site to give you some additional information and tell you about some of our off-site features. That's also the site where we will host the weekly guitar threads, should Poal go down. **NOTE:** That site is by invitation only. If you want an invite, and you're a regular participant, then just ask COF, Crazy, or TheBuddha. If you do know what's going on, you probably don't need to click that link - but you may want to, to make sure you know of the other features, such as the archive or a separate forum that's invite only. Remember, we are guests here on Poal. Let's act like it. If you're interested in supporting Poal, then [you can donate](https://poal.co/donate).

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[–] • 0 pt

LOL I own a whole block (six properties) in Detroit. There were 'houses' on them, but I had them all razed. None of them were suitable for rehabbing or anything. I couldn't even get the fire departments to come burn them for training.

All they cost was a handful of dollars and paying the back taxes - and then the cost to have them razed.

I've never seen them in person. I've never even been to that section of Detroit.

I pay the taxes and send someone in a few times a year to make sure the grass is trimmed and the garbage is picked up.

I figure Detroit will eventually rebound and I'll make a fucking fortune on the property. The value has already reached the point where I could sell at a profit.

Literally, a few dollars and the back taxes was the purchase price. The most expensive one was $600 (plus the taxes and razing). Now I have like 5 acres of Detroit. I bought them all because they were a block. I didn't even do the bidding myself.

I even own property outside of the US.

[–] • 0 pt

Someday that could be a very valuable piece of property

[–] • 0 pt

Definitely, it will be. It has already reached the point where I could profit from selling it.

I figured Detroit would recover, at least somewhat. I was willing to invest in that.

The property is unimproved so the taxes aren't that bad. That's why I had them razed.

I really, really like owning property. I own an absurd amount of it because I like it so much. I own business properties as well. The farm, the blueberries, and even the land that the franchises are on are commercial properties that I own. Commercial property can be pretty lucrative.

I guess it boils down to, "I like my money to work for me."

I think people can get into it even on a small scale. Maybe buy a rundown house, rehab it and sell it, and then flip a few more houses - or turn them into rental properties so that each one pays the mortgage for the next house(es).

It just takes finance planning, dedication, and some work ethic.

[–] • 0 pt

Yeah a lot of people do the rehabbing homes and selling them these days