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Author Topic: Looking for a new investment, how about a bridge??  (Read 4378 times)

Offline YJ_Aaron

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Looking for a new investment, how about a bridge??
« on: 09/18/07 - 08:01PM »
Being in the finance field this one really caught me off guard.  It makes sense when you think about it.  However I never saw it coming.  The question have you thought about buying a toll road for retirement just never came up.

http://money.cnn.com/2007/09/17/news/international/macquarie_infrastructure_funds.fortune/index.htm?postversion=2007091810
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Offline TJ-2thousand

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Re: Looking for a new investment, how about a bridge??
« Reply #1 on: 09/18/07 - 08:25PM »
did it ever say how long it will take to see a return on that? or did i miss it?
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Offline YJ_Aaron

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Re: Looking for a new investment, how about a bridge??
« Reply #2 on: 09/18/07 - 10:11PM »
Rough guess would be at least 60yrs.  All would depend on your time value of money calculations and what you expect growth to be.  I however never saw it stated.
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Offline TJ-2thousand

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Re: Looking for a new investment, how about a bridge??
« Reply #3 on: 09/18/07 - 10:29PM »
i was just wondering how many tolls it would take to turn a profit. how much traffic the bridge sees.

toyota guy: do you work for a local firm/group?
my bro inlaw and his partner just opened up there own investment/ finacial co. and he is wanting me to take the courses to join him.
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Offline YJ_Aaron

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Re: Looking for a new investment, how about a bridge??
« Reply #4 on: 09/18/07 - 10:32PM »
No I'm trying to finish up my degree in Finance @ MSU.  

With a 99 year lease, giving that most would consider that a low risk investment i'm going to assume they are looking at 15% annual return, but can't really run the numbers without a whole lot more info.
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Offline TJ-2thousand

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Re: Looking for a new investment, how about a bridge??
« Reply #5 on: 09/18/07 - 11:39PM »
yeah i was hoping to see numbers like number of cars daily and what toll for cars, trucks, and semi truck is.
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Offline YJ_Aaron

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Re: Looking for a new investment, how about a bridge??
« Reply #6 on: 09/18/07 - 11:40PM »
What is the name of your Bro-in law's firm?
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Offline LoneWolf

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Re: Looking for a new investment, how about a bridge??
« Reply #7 on: 09/19/07 - 12:24AM »
so whose money do  the grieving families take when your toll bridge collapses and kills everyone on it... because you can't afford to do million dollar maintenance every year on it. Or does someone magically do that for you because this is a dream investment opportunity...



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Offline YJ_Aaron

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Re: Looking for a new investment, how about a bridge??
« Reply #8 on: 09/19/07 - 12:26AM »
Well that is one reason municpailities are starting to do this.  It creates needed revenue for rebuilding.
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Offline TJ-2thousand

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Re: Looking for a new investment, how about a bridge??
« Reply #9 on: 09/19/07 - 12:38AM »
Denny-Shearrer interpises, they do investment stuff along with some real estate and development things.

right now im kinda just their grunt to do work on their "flip houses" we are working on a 12,000 sq ft house in Highland Springs right now, and hope to get a few more started this year. i want to go back to school, and be a bigger part of this company either as a job forman, or part of the investment part. although im not sure how well that will work since i am a really BIG fan of spending money, and not saving it. im also thinking about some computer stuff too, but not real sure yet.
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Offline CRAZY LARRY

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Re: Looking for a new investment, how about a bridge??
« Reply #10 on: 10/17/07 - 01:16AM »
 
there is a town in nebraska called plattsmouth. they charge $1.25 to cross there bridge. it is an old one lane bridge.
there are no motels in town.but there is a big liquor store.
« Last Edit: 10/17/07 - 01:20AM by CRAZY LARRY »
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Offline upnover

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Re: Looking for a new investment, how about a bridge??
« Reply #11 on: 10/21/07 - 05:56PM »
Flipping houses is becoming less popular now with the interest rates as high as they are and the decreased number of individuals who qualify for loans due to the change in qualifications of first-time homeowners. I've know many investors who are now stuck with homes and ready for foreclosures. Not a pretty financial statement.
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Offline YJ_Aaron

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Re: Looking for a new investment, how about a bridge??
« Reply #12 on: 10/21/07 - 06:31PM »
Ya the fall out of the sub-prime lending market has really had a backlash into the home sales.  It now greatly reduces the number of potential buyers for homes. 

Jim, what does this have to do with us buying a bridge????
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Offline upnover

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Re: Looking for a new investment, how about a bridge??
« Reply #13 on: 10/21/07 - 06:25PM »
Aaron, It has nothing to do with buying a bridge - I don't think anyone on this board is going to buy a bridge. My statement was in regard to someone posting that his brother's firm is flipping a house at Highland Springs. I'm not a loone just posting stuff - I don't think   :106:
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Offline TJ-2thousand

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Re: Looking for a new investment, how about a bridge??
« Reply #14 on: 10/21/07 - 08:17PM »
they are avoiding all the sub-prime and first time home buyers all together. they are only buying $750,000 and up, (people who buy houses like that usually are not affected by intrest rates as much as us common folk)  and they only buying at a set percentage below value. its amazing how many million dollar homes are in forclosure in springfield!

and also there are too many people doing flips on smaller houses now that the people on TV make it look so easy. (its not) so there are alot of forclosures that are half flipped houses that people got way over thier heads on.
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