Tuesday, December 11, 2012

Billion dollar business plan

Maybe not so fast.  I have never even counted to 1,000,000,000.  I remembered Warren Buffet lamenting that it is hard to find a good billion dollar opportunity.  Liked Koche industries if you werer worth billions why would you even want investors.

I do agree though with Buffet's style of investing.  When you do not aquire companies you do stay around for years.  That is how true wealth grows.  If I had a few measly millions I would get lots of homes here in Baltimore for about $5000 or less.  I would then spend the money to fix up these homes.  Then I would make them available to working class individuals.  Truth is 1000's of jobs are coming to Baltimore.  Most of which pay you only enough money to go back to work the next day.  I do not like to see individuals and families struggle with the cost of 'rent'.  Thats why I am seeking lots of investment capital.  nationally low income housing is at a crisis level.  There are never enough affordable places to live.  With a national minimal wage scale of $7.25 P/H  If you even work full time you only gross $290.  Most people in most service and retail jobs only see at most $250.00 per week.  If the laws say you can only spend 1/3 of your income on rent,  then $333.00 is the most you could pay and still eat too.  show me who is doing this and I will say it is city housing. 
Here is a deal.  Invest lots of money in lots of homes.  Give them better insulation and tight building envelopes.  This will save lots of money on heating and cooling.  Help these homes save energy and conserve water.  Make these homes afordable for low income families.  You will never have a vacancy.
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