tag:blogger.com,1999:blog-7938736.post6682598334896639619..comments2023-10-28T08:01:40.730-07:00Comments on Sound of a Suckout: May You Live in Busy TimesScurvyDoghttp://www.blogger.com/profile/12475986616947247959noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-7938736.post-82383470036396246572007-02-02T09:56:00.000-08:002007-02-02T09:56:00.000-08:00Fuel,
It is pretty amazing the huge difference in...Fuel,<br /><br />It is pretty amazing the huge difference in real estate from place to place.<br /><br />I still freak out slightly at the thought of owning three properties, all with outstanding loans, but then I start doing the math and realize that the total amount of money involved is still just a fraction of what people in other parts of the country/world pony up for just a single house. <br /><br />'Tis crazy, too, that the house our offer of $60,000 was accepted for needs lots of fixing up and updating, but it's more than habitable, so it's not even a junker that needs a complete remodel, with gaping holes in the walls and ceiling, etc. <br /><br />I guess it's all relative, though, as it cuts both ways. It's hard to get more than $90,000-$100,000 for starter houses like this one in the area, so while you can get into the game on the relative cheap, you're just never going to see crazy appreciation and profit when you unload it, either.ScurvyDoghttps://www.blogger.com/profile/12475986616947247959noreply@blogger.comtag:blogger.com,1999:blog-7938736.post-59204276529138243122007-02-02T09:38:00.000-08:002007-02-02T09:38:00.000-08:00Living in a city where a teardown on a postage sta...Living in a city where a teardown on a postage stamp lot is a minimum of $900,000 - buying an entire house and its land for $65,000 just boggles my mind.<br /><br />Take this 79 year old junkie for instance: http://www.realtylink.org/prop_search/Detail.cfm?MLS=V628529&REBoards=All&From=MLSFuel55https://www.blogger.com/profile/12464384674517768637noreply@blogger.com