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Once again, it's time for the FNGT!

If you don't know how this works, click this link (fngt.gq). 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.

# **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