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indica


Registered: 08/17/05
Posts: 18,905
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Re: so theres this house for sale for $17,000 [Re: Dobie]
#8071235 - 02/26/08 02:12 AM (15 years, 11 months ago) |
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he's raiding it for meth crumbs
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ZippoZ
Knomadic



Registered: 06/17/03
Posts: 13,227
Loc: Pongyang, North Korea
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Re: so theres this house for sale for $17,000 [Re: indica]
#8071941 - 02/26/08 10:38 AM (15 years, 10 months ago) |
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aside from all of the meth hooplah, seriously.
i think that i could pull this off, i mean, i have the $ to buy it outright, but i want to buy some other investment houses as well.
as soon as the snow passes my realitor is going to go and check it out.
-------------------- PEACE
zippoz "in times of widespread chaos and confusion, it has been the duty of more advanced human beings - artists, scientists, clowns, and philosophers - to create order. In such times as ours however, when there is too much order, too much m management, too much programming and control, it becomes the duty of superior men and women and women to fling their favorite monkey wrenches into the machinery. To relieve the repression of the human spirit, they must sow doubt and disruption" "People do it every day, they talk to themselves ... they see themselves as they'd like to be, they don't have the courage you have, to just run with it."
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circularvortex
Bass Head




Registered: 08/31/06
Posts: 12,148
Loc:
Last seen: 4 months, 30 days
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Re: so theres this house for sale for $17,000 [Re: ZippoZ]
#8071953 - 02/26/08 10:42 AM (15 years, 10 months ago) |
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Make sure you check for mold too.
If there's nothing horribly wrong with it, I say go for it!
-------------------- No statements made in any post or message by myself should be construed to mean that I am now, or have ever been, participating in or considering participation in any activities in violation of any local, state, federal, or fashion police laws. All posts are works of fiction. For well you know that its a fool who plays it cool By making his world a little colder. Under closer inspection I realised it was a funky ball of tits from outer space.
 
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tiny_rabid_birds
Nocturnal


Registered: 11/08/05
Posts: 15,653
Loc: estados unidos
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Re: so theres this house for sale for $17,000 [Re: ZippoZ]
#8071956 - 02/26/08 10:43 AM (15 years, 10 months ago) |
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christ almighty.. $17k!? you could spend over twice that on repairs to have a perfectly functioning house and STILL make a bundle off of the resale. 3 bedrooms a mile away from campus is worth $1000/m, easily. paint the rooms some fun colors, pass it off as kitsch to artsy kids, you could charge like $1200+ per month.
no question about it. if the structure and plumbing won't take too much work, get it.
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rodfarva
-=-=-=-=-=-=-=====-----=-=-=-=-I



Registered: 07/31/07
Posts: 4,982
Last seen: 6 years, 10 months
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Re: so theres this house for sale for $17,000 [Re: tiny_rabid_birds]
#8071975 - 02/26/08 10:48 AM (15 years, 10 months ago) |
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Let the new tenants make the meth!
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Prisoner#1
Even Dumber ThanAdvertized!


Registered: 01/22/03
Posts: 193,665
Loc: Pvt. Pubfag NutSuck
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Re: so theres this house for sale for $17,000 [Re: tiny_rabid_birds]
#8071985 - 02/26/08 10:50 AM (15 years, 10 months ago) |
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flipping houses is a decent way to make good money, right now the market is saturated with houses that wont sell, selling a house now is more than a challenge
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todesengel
the chinese chicken


Registered: 08/04/05
Posts: 809
Last seen: 4 years, 2 months
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Re: so theres this house for sale for $17,000 [Re: Prisoner#1]
#8071994 - 02/26/08 10:52 AM (15 years, 10 months ago) |
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You could put about $30,000 into this house after you live in the pile for while. With that $30,000 you could probably make a house that could resell for about $100,000. Just know the market and know the area. Make sure the area is fairly decent otherwise the house obviously wouldn't resell.
If you have any problems contact a real estate agent and they should be able to tell you anything you need to know.
edit - God damn, you better buy that house. That is a profit waiting to happen.
Edited by todesengel (02/26/08 10:53 AM)
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Irdamage
Autobot


Registered: 11/19/05
Posts: 1,491
Loc: Canada
Last seen: 7 years, 1 month
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Re: so theres this house for sale for $17,000 [Re: todesengel]
#8072119 - 02/26/08 11:21 AM (15 years, 10 months ago) |
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Caveat Emptor. Good luck on the inspections and all that, these old places often hold a lot more nasty surprises than one would expect.
Don't make an impulse decision on this just because you can, get the inspections done,the place doesn't look like its received any upgrading or care for years. I would definitely call this a big project if you plan to make it a home to live in for yourself temporarily.
However this could turn into a tidy profit for you if you do your homework right and make sure the market will be strong in the next few years and make sure as well that you think about how much this investment will cost in the long term, because buying a house is not like buying something off e-bay and then reselling it a month later. Complications can arise work and materials can be delayed and often life itself has a tricky way of interrupting. Good luck in this. Keep us updated.
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Raven0us
Soldier


Registered: 01/14/08
Posts: 219
Last seen: 14 years, 7 months
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Re: so theres this house for sale for $17,000 [Re: Irdamage]
#8072387 - 02/26/08 12:44 PM (15 years, 10 months ago) |
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if you can put a lot of time, effort, and some money I'm sure you can make a proffit with this house.
good luck!
-------------------- ~Raven0us
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Kada
Asha'man


Registered: 02/15/05
Posts: 12,394
Loc: Buckeye
Last seen: 2 months, 21 days
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Re: so theres this house for sale for $17,000 [Re: Gratos]
#8072463 - 02/26/08 01:06 PM (15 years, 10 months ago) |
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Don't get it unless you can afford like 10-20 grand to fix it up as well. Check out how much other houses in the neighborhood goes for, if there isn't one around what you are planning on selling for, don't get it.
-------------------- ~The Cultivators Motherload~ "I am free, no matter what rules surround me. If I find them tolerable, I tolerate them; if I find them too obnoxious, I break them. I am free because I know that I alone am morally responsible for everything I do." -Robert A. Heinlein "There is no need for temples, no need for complicated philosophies. My brain and my heart are my temples; my philosophy is kindness."-Dalai Lama Live long and prosper.
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Irradiated_Feces
doomedgeneration


Registered: 07/11/03
Posts: 4,278
Loc: Great White North
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Re: so theres this house for sale for $17,000 [Re: ZippoZ]
#8072591 - 02/26/08 01:37 PM (15 years, 10 months ago) |
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What city is this in? I know up here there is a minimum that banks will give you for a mortgage, i think it's over 50k or so. Ask about UFFI insulation, that shit can cost a fortune to get rid of and it's not a job you can do yourself.
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denots87
Shroomerite



Registered: 11/17/06
Posts: 125
Loc: B-Town
Last seen: 13 years, 2 months
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Re: so theres this house for sale for $17,000 [Re: ZippoZ]
#8073036 - 02/26/08 03:16 PM (15 years, 10 months ago) |
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Buy that thing man, if you've got the skills to fix it up and afford the house with the cost of renovating it. Just before you dive in get a town building inspector to check it out so you don't get screwed with a house full of mold, electrical/HVAC/plumbing issues or other problems. Thats the shit that will suck your wallet dry if you randomly find shit that needs to be fixed and screw you over.
Either way if its decent you'll end up with a place to live and eventually make money on by renting or selling depending on how the real estate market swings. Big plus being next to a college campus to dude, how big is the college near by? Bigger school the more money you can charge and more people.
Good luck dude
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tiny_rabid_birds
Nocturnal


Registered: 11/08/05
Posts: 15,653
Loc: estados unidos
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Re: so theres this house for sale for $17,000 [Re: Prisoner#1]
#8073308 - 02/26/08 04:36 PM (15 years, 10 months ago) |
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Quote:
Prisoner#1 said: flipping houses is a decent way to make good money, right now the market is saturated with houses that wont sell, selling a house now is more than a challenge
he said the house is a mile away from campus. i don't know about other universities, but here in my college town any house within a mile will be bought up quickly to be rented out to college students whose mommies and daddies pay their ridiculously high rent.
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imachavel
I loved and lost but I loved-ftw


Registered: 06/06/07
Posts: 31,375
Loc: You get banned for saying that
Last seen: 4 hours, 3 minutes
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Re: so theres this house for sale for $17,000 [Re: ZippoZ]
#8073340 - 02/26/08 04:41 PM (15 years, 10 months ago) |
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looks like a really good price, doesn't look impossible to fix, you could just take down the outside walls and rebuild it and repaint it and it'd probably come out really nice(don't know about the inside)
i really think that's a fair price even for a new house, i think houses are seriously overprices.
--------------------
I did not say to edit my signature soulidarity! Now forever I will never remember what I said about understanding the secrets of the universe by paying attention to subtleties!
I'm never giving you the password again. Jerk
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AndhesEcuador
Primitive and Proud



Registered: 08/29/07
Posts: 149
Last seen: 7 years, 5 months
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Re: so theres this house for sale for $17,000 [Re: Gratos]
#8073365 - 02/26/08 04:46 PM (15 years, 10 months ago) |
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Definitely get it inspected by an impartial professional like any large purchase before you make your decision. Otherwise, assuming you live modestly, it looks nice.
-------------------- NO EGO WBS TEK
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indica


Registered: 08/17/05
Posts: 18,905
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Re: so theres this house for sale for $17,000 [Re: ZippoZ]
#8073557 - 02/26/08 05:25 PM (15 years, 10 months ago) |
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turn it into a meth lab 
seriously
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Gratos
Just thinkin anddrinkin

Registered: 08/21/05
Posts: 1,374
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Re: so theres this house for sale for $17,000 [Re: imachavel]
#8074487 - 02/26/08 08:33 PM (15 years, 10 months ago) |
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Yeah, right. Take down those outside walls and see what happens.
Also, $17,000 is nowhere near the cost of materials or cost of labor that it takes to build a house. 17k, youve got to be fucking kidding me. If I could build a house for 16.5k and sell it for 17k id be a fucking millionaire (for your sake well leave property costs out of this).
God bless the US educational system
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