The Official Homeowners Thread
- Thread starter Dolla$
- Start date
Kuwka_Atcha_Ratcha
Superstar
exactly
Pacni99a12
All Star
Good advice. My nikka I wish i wasn't so addicted to cars. Thinking of getting a Cayman GTS in a couple years on top of the two cars I already own, Life is short though so I don't want to stack up for later just to enjoy life at 50-60. I try to do a balance of both though. Got the 401K cracking and trying to pay this place off by 40.I used to be a (bad guy) but instead of
buying cars,jewlery and dumb shyt my uncles
sat me down and gave me the game on real estate.
aint looked back since....
I live in one,got my mama tucked away for the rest of
her life rent and bill free in one,got one that i use to store
drywall,paint and bullshyt where i chill and rent out
the other 5.
i'm thinking about rushing gas station/mini mart.
beenz
Rap Guerilla
I did it years ago. it was fairly simple when I did. this was like in 2007 tho.
Dolla$
Minus the bullsh*t...life's great
Most of the money was a loan I took out of my 401k
Cat piss martini
Veteran
Dolla$
Minus the bullsh*t...life's great
Are you talking about auctions?when people lose property due to taxes
the city get the property......
the city is sitting on shyt loads of
property that they will sell to buyers
for pennies on the dollar.
most have a great foundation and roofs.
(minor fixer uppers)
get a list from your city and cop a few
peices of property for like 12 hundred each.
most of the time the city will cover the taxes
for a few years.......theyre happy just to get
rid of shyt and see any money.
what's your current rate?
Cat piss martini
Veteran
no......go to where ever the city
owns propertys and vacants.
walk in and ask for a listing of property
for sale city wide and they will gladly
give you a list and numbers to lenders if needed.
the second you put a lightbulb in it's worth more.
it's easy man...
Thanks for the compliment, its not bad when viewing it especially when sitting in the dining area right behind the couches. We have a lot of company over for Texans games and it makes it much easier for them to view things back there espcially when people get up from the couch to grab something.
Kuwka_Atcha_Ratcha
Superstar
I dig, that makes sense
h2o_proof
Thread Closed...As Usual
lol, sorry about that, my pc restarted at the same time I was typing. Windows automatic update, smh.
I was gonna say I did the same as you, but back in 06 when we purchased our "starter" home in Greenspoint. We renting that joint out now and we moved into our new home back in '13 in The Woodlands. It took my wife some convincing, but what I did was find a MPC (master-planned community) looked at available homes, and found the least expensive home on a street where home prices were averaging 325k, which is a lot in Houston. We paid 155k for our home and in almost 3 years the value has nearly doubled due to the neighborhood plus the new ExxonMobil campus that was built out here. Last appraisal in December our home appraised at 285k and I've had several offers but now ain't the time to be buying, its a sellers market in Houston if you ask me.
If I were you I would slang that house asap at the $135k equity you're looking at. Houston is about to go belly the fk up with this huge oil bust we are having right now which will flood the market (its already happening but its not 09 bad just yet). People wont move here in droves much longer if oil stays at where predictions are pointing (another 3-4 years). Im happy there is a bust its just happening at a time that Im not in the market which sucks. You did good buying a small home in a desired neighborhood. I couldnt move 3 times, next house we plan to birth/raise our kids in and spend 30 years at then bounce to a ranch or farm either here or in Puerto Rico.