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ZippoZ
Knomadic



Registered: 06/17/03
Posts: 13,227
Loc: Pongyang, North Korea
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so theres this house for sale for $17,000
#8070965 - 02/26/08 12:21 AM (15 years, 11 months ago) |
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its a foreclosure, its old (built 1905 ish), its probably beat up as all hell, but its a 1.5 story house with 3 bedrooms, a basement, and a garage. for only $17,000.
i dont have anywhere to live, and i definately have the money to go out and buy the fucker, and who knows if it aint total shit, i could even make some money on it.
what do ya all think, this is a picture of it

if i financed it, with nothing down, i would have to pay only $124 a month to own the thing.
now that just seems to me that its a hell of a lot better than paying rent, or being a bum with no home.
-------------------- 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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Cepheus
Balance




Registered: 04/19/06
Posts: 8,266
Loc: the space between reality...
Last seen: 1 year, 1 month
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Re: so theres this house for sale for $17,000 [Re: ZippoZ]
#8070969 - 02/26/08 12:23 AM (15 years, 11 months ago) |
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If you get the sniffer dogs in there it'll probably rake you in more cash 
Looks like it might have a meff lab in the basement
-------------------- "I only ever hope to reach equilibrium, in Nature's matrix, in line with the meridian" ~ Jehst
"...and I know that I have to keep breathing, as tomorrow the sun will rise, who knows what the tide will bring?" Free Spore Ring Europe Send any spare spore prints you might have and help the distribution
Open Source. Freedom. GNU/Linux Addicting is not a word.
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EllisDSox
King Hella!

Registered: 01/22/07
Posts: 25,730
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Re: so theres this house for sale for $17,000 [Re: ZippoZ]
#8070970 - 02/26/08 12:23 AM (15 years, 11 months ago) |
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Go for it. Definitely. Some people spend more than that on a car.
-------------------- Disclaimer: If you have any kind of heart condition, my posts are not for you. You could literally die from reading the first couple of words in any one of them. Scroll down the page, live your life and prosper, but don't read my posts because your heart will probably explode. I am not joking.
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JonnyOnTheSpot
Sober Surfer


Registered: 01/27/02
Posts: 11,527
Loc: North Carolina
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Re: so theres this house for sale for $17,000 [Re: ZippoZ]
#8070981 - 02/26/08 12:28 AM (15 years, 11 months ago) |
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check out the plumbing, the electric, and make sure there aren't any termite problems. if everything works at least somewhat, and it's not about to collapse, buy the fucker.
you could rent out a couple rooms to friends for really cheap and still make money every month.
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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: JonnyOnTheSpot]
#8070992 - 02/26/08 12:30 AM (15 years, 11 months ago) |
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yeah, its a mile off of a college campus.
im definately considering it an investment.
i am as a matter of fact, a realestate developer, although i have never actually worked with houses before.
regardless im one hell of a handy man (even have a merit badge in home repair ) and im sure i could rehab it and flip it if it wasnt too bad.
-------------------- 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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jenns_hot
Hungry



Registered: 12/30/06
Posts: 3,459
Loc: East Coast
Last seen: 2 years, 21 days
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Re: so theres this house for sale for $17,000 [Re: ZippoZ]
#8071023 - 02/26/08 12:38 AM (15 years, 11 months ago) |
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the front part looks a bit sideways. as someone before me said, check wood and plumbing before hand. Its a hell of a fixer upper
-------------------- "Fear makes the wolf look bigger"
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mayfly
.



Registered: 01/05/08
Posts: 800
Loc: planet home
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Re: so theres this house for sale for $17,000 [Re: ZippoZ]
#8071025 - 02/26/08 12:38 AM (15 years, 11 months ago) |
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That sounds awesome, go for it (unless it has serious irrepairable issues).
-------------------- "The important thing to remember: if we ship all our fat-bottomed girls off to foreign countries, the terrorists win."
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daft crunk
Stranger
Registered: 01/27/08
Posts: 51
Last seen: 15 years, 9 months
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Re: so theres this house for sale for $17,000 [Re: mayfly]
#8071039 - 02/26/08 12:42 AM (15 years, 11 months ago) |
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that would be no less than $250,000 here
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supra
computerEnthusiast
Registered: 10/26/03
Posts: 6,446
Loc: TEXAS
Last seen: 12 years, 9 months
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Re: so theres this house for sale for $17,000 [Re: ZippoZ]
#8071040 - 02/26/08 12:43 AM (15 years, 11 months ago) |
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good luck getting insurance on that thing, much less a good interest rate from the bank, that is pretty rough. If you have enough to buy it outright, do that and get a signature or general purpose loan and fix it up. The lot of land she sits on is prolly worth the 17k.
peace
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mayfly
.



Registered: 01/05/08
Posts: 800
Loc: planet home
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Re: so theres this house for sale for $17,000 [Re: daft crunk]
#8071046 - 02/26/08 12:45 AM (15 years, 11 months ago) |
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Yeah, same where I live.
-------------------- "The important thing to remember: if we ship all our fat-bottomed girls off to foreign countries, the terrorists win."
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Gastronomicus
3-0-G



Registered: 03/31/05
Posts: 9,727
Last seen: 9 hours, 24 minutes
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Re: so theres this house for sale for $17,000 [Re: ZippoZ]
#8071060 - 02/26/08 12:51 AM (15 years, 11 months ago) |
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Yeah, that's not bad at all so long as there's nothing terribly wrong with it. Buy it now, do some handiwork and fix the place up, then if/when you're ready to step up to a new house you can make a tidy profit on this one
-------------------- Make my Funk the P Funk, I wants to get Funked up
LAGM2024
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makaveli8x8
Stranger


Registered: 02/28/06
Posts: 21,636
Last seen: 7 years, 7 months
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Re: so theres this house for sale for $17,000 [Re: Gastronomicus]
#8071078 - 02/26/08 12:55 AM (15 years, 11 months ago) |
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17k is cheap, but it looks like a really big shed that would blow over
--------------------
  We were sent to hell for eternity Ø h® We play on earth to pass the time Over-population the root of all Evil-brings the Elites Closer to the gates.
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StonedShroom
OG shroomerite



Registered: 10/21/00
Posts: 10,876
Last seen: 6 months, 30 days
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Re: so theres this house for sale for $17,000 [Re: ZippoZ]
#8071079 - 02/26/08 12:55 AM (15 years, 11 months ago) |
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have someone inspect it. if it checks out, buy it!
Even if you end up finding something better later on, you can definitely make more than 5 times your monthly payment if you rent it out.
-------------------- We are not human beings going through a temporary spiritual experience. We are spiritual beings going through a temporary human experience.
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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: StonedShroom]
#8071092 - 02/26/08 12:59 AM (15 years, 11 months ago) |
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Quote:
StonedShroom said: have someone inspect it. if it checks out, buy it!
Even if you end up finding something better later on, you can definitely make more than 5 times your monthly payment if you rent it out.
--------------------
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CaptainH13
Scum


Registered: 10/29/04
Posts: 10,287
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Re: so theres this house for sale for $17,000 [Re: ZippoZ]
#8071121 - 02/26/08 01:10 AM (15 years, 11 months ago) |
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Thats a dream house right there. Not too big,not too too small. Rough around the edges.
Buy that fucker. Quickfast. my Old old place was just like that,and now it's selling for like 150k or something crazy.
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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]
#8071150 - 02/26/08 01:24 AM (15 years, 11 months ago) |
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i can see that place being a total crack den with nigg's chillin on the front porch hurling water melons at the paper boy
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StonedShroom
OG shroomerite



Registered: 10/21/00
Posts: 10,876
Last seen: 6 months, 30 days
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Re: so theres this house for sale for $17,000 [Re: indica]
#8071156 - 02/26/08 01:26 AM (15 years, 11 months ago) |
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Quote:
xk3m_indica said: i can see that place being a total crack den with nigg's chillin on the front porch hurling water melons at the paper boy
*stifled snickering*
-------------------- We are not human beings going through a temporary spiritual experience. We are spiritual beings going through a temporary human experience.
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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: StonedShroom]
#8071163 - 02/26/08 01:32 AM (15 years, 11 months ago) |
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you should see our place. We're moving out this Friday and it's been a crack den for several months now, with party people coming and crashing all the time, until I came back up from college and told them all to get the fuck out and fuck off. Every time there was a party at our house, I just stole all their ufcking alcohol and abused the piss out of them because I hated them being at my house al the time.
It got to a point where everyone was convinced we actually had a meth lab out in the shed because we joked about it so much (meth is a big joke for us)
also, we have a full sized pirate flag on our TV antenna and another miniture pirate flag on our letter box.
Still a nice place, though and our landlords love us...
maybe it's because we supply them with meth
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Dobie
Dopeless Hopefiend


Registered: 08/15/02
Posts: 52,841
Loc: ON DA BLOCK
Last seen: 5 months, 30 days
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Re: so theres this house for sale for $17,000 [Re: indica]
#8071193 - 02/26/08 01:47 AM (15 years, 11 months ago) |
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Quote:
xk3m_indica said:
This little guy is so my buddy adam he gets all methed out and strokes his goatee like crazy lol
-------------------- This place is gayer than when the balls touch
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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: ZippoZ]
#8071230 - 02/26/08 02:08 AM (15 years, 11 months ago) |
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Just because its cheap doesnt mean its a good deal.
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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, 27 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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