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DEVELOPMENT READING

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Post new topic   Reply to topic    Mystical Wonders Discussion Group Forum Index -> Free Psychic Readings / Guidance / Insights
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APOLLO



Joined: 01 Apr 2010
Posts: 33
Location: GREECE

PostPosted: Mon Sep 19, 2011 9:03 am    Post subject: DEVELOPMENT READING Reply with quote

HI, MY QUESTION IS THIS : SHOULD I START A DEVELOPMENT OF 4 SINGLE FAMILY HOMES IN THE SUBURBS OF MY CITY, IN A LOT THAT IS MORTGAGED IN THE BANK FOR $1,000,000 AND PAY THE MORTGAGE WITH THE PROCEEDS OF THE HOUSE SALES , OR..NOT ? I KNOW IT'S KIND OF RISKY INVESTMENT BUT IT COULD WORK AND MAKE MONEY AS I'M BUILDING IT .OF COURSE IF I CAN'T SELL THE HOUSES THE BANK MIGHT REPOSES THE LOT AND LOOSE EVERYTHING THAT I BUILD IN THERE.
THANK YOU

APOLLO
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RachelMcLeod
Site Veteran


Joined: 27 May 2011
Posts: 1465
Location: Willimantic, Connecticut

PostPosted: Fri Sep 23, 2011 8:55 am    Post subject: Reply from Rachel Reply with quote

Hello Apollo,

I am no expert in real estate so take what I say with huge grains of salt. The cards can only offer indications and possible outcomes and suggestions. And right now, I am getting conflicting cards and interpretations indicating a very unstable enviornment and unsettled situation regarding home values, housing market, and locations. I am seeing cards that indicate a strong sense of doubt and concern for would-be renters or home buyers and a tightening of resources and concerns about property taxes as well.

The overall climate is one of questions, concerns, and lots of caution. You will want guarenteed renters or buyers before moving forward and you may have to make some deep compromises and concessions to close any deals--concessions you may not be comfortable making at this time if you wish to turn a comfortable profit or see a return on your investments. You may just delay this venture until you see marked improvement in the housing market-- you may also consider how much demand there may be for your type of housing.

If this is your first venture in becoming a landlord, the cards have a strong concern about education, knowing the risks, and knowing the responsibilities and there seems to be an indication that you will need to do some considerable research. It may be the type of commitment you may not have the resources for. If however, you own many properties already, the cards can be interpretted as having your resources spread too thinly and you may find yourself stretched and pulled in too many directions. You may have time management issues and finance issues in regards to maintaining housing maintance, managaing the landscaping, overseeing renters' needs... etc.

There are a lot of factors to weigh in on and the cards seem to suggest caution and delay.

Rachel

1. 2 of Swords
2. Judgement (reversed)
3. The Chariot
4. 4 of Pentacles
5. Ace of Pentacles (reversed)
6. 8 of Pentacles (reversed)
7. 7 of Cups
8. 8 of Wands
9. 6 of Swords
10. Page of Wands (reversed)

Rachel
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APOLLO



Joined: 01 Apr 2010
Posts: 33
Location: GREECE

PostPosted: Fri Sep 23, 2011 11:48 am    Post subject: Reply with quote

HI RACHEL,

THANK U VERY,VERY, MUCH! I AM INDEED IN A VERY,VERY UNSTABLE ENVIRONMENT W/ ALSO A VERY STRONG SENSE OF DOUBT AND CONCERN FOR WOULD-BE HOME BUYERS . THIS IS TRUE. NOBODY IS BUYING!

EVEN THOUGH I AM WILLING TO MAKE THESE DEEP COMPROMISES AND CONCESSIONS TO CLOSE A DEAL , U R ABSOLUTELY RIGHT WHEN U SAY THAT "I WILL BE SPREADING MY RESOURCES WAY TOO THIN!"
AND I WILL FIND MYSELF STRETCHED AND PULLED IN TOO MANY DIRECTIONS.THIS IS ALSO TRUE AND I DON'T NEED THIS.

SO YES , I WILL DELAY IT FOR NOW UNTIL THINGS SHOW SOME IMPROVEMENT AND WE'LL SEE...

MAYBE NEXT MONTH, U MIGHT SEE SOME OTHER BUSINESS OR INVESTMENT OPPORTUNITY FOR ME, IN MY NEXT READING AND TAKE UP ON THAT. UNTIL THEN THANK U VERY MUCH AND SAY HI TO BEAUTIFUL CONNECTICUT (I WENT TO COLLEGE IN N.Y.C. AND CONNECTICUT WAS MY FAVORITE PLACE EVERY TIME I WAS THERE)

APOLLO
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JordanCurran



Joined: 17 Sep 2020
Posts: 1

PostPosted: Thu Mar 11, 2021 11:58 am    Post subject: Reply with quote

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