Real Estate

Collapse
X
 
  • Time
  • Show
Clear All
new posts
  • iguess
    Confirmed User
    • Aug 2005
    • 691

    #1

    Real Estate

    Im looking for foreclosure properties for section 8. Nice ROI. what about texas,louisiana or nevada?
    SIG TOO BIG! Maximum 120x60 button and no more than 3 text lines of DEFAULT SIZE and COLOR. Unless your sig is for a GFY top banner sponsor, then you may use a 624x80 instead of a 120x60.
  • After Shock Media
    It's coming look busy
    • Mar 2001
    • 35299

    #2
    No need to even get section 8 here. If you can get the loans to buy, you can get places for cheaper than rents.

    BTW section 8 is a hassle and a half and I would have to have better than a "nice" ROI to ever touch it again.

    [email protected] ICQ:135982156 AIM: Aftershockmed1a MSN: [email protected]

    Comment

    • Kelli58
      Confirmed User
      • Aug 2006
      • 2261

      #3
      I was looking at properties in Houston lately, not section 8 homes but foreclosed properties in middle to upper middle class areas.

      I found several homes that are selling for more than half their value. For example I found a house about 2 blocks away from my parent's home that is about 1500 square feet, that would in a normal market probably go for around $100,000 to $110,000. The house is being sold for $49,000.

      About 3 blocks away from that there is a house that is about 1900 sq feet, again this is a very nice neighborhood just blocks away from an elementary school in a highly rated school district that was being listed at $56,000. In a better market, that house could go for as much as $150,000.
      💎 Earn Money by Helping Content Creators Earn More. 💎 The most unique affiliate program in the game. There are more than 1.5 million OnlyFans creators. Here's your chance to make money from them!

      Comment

      • FreeHugeMovies
        Too lazy to set a custom title
        • Dec 2001
        • 14141

        #4
        Buy a short sale property and not a foreclosed one. You don't have to deal with the banks as much.

        Comment

        • marketsmart
          HOMICIDAL TROLL KILLER
          • Dec 2004
          • 20419

          #5
          Originally posted by iguess
          Im looking for foreclosure properties for section 8. Nice ROI. what about texas,louisiana or nevada?
          do yourself a favor... go buy a condemned crack house, go inside it and repeatedly kick yourself in the balls..

          and finally take your wallet and set it on fire...

          you will now know what it's like to rent to section 8's....

          Comment

          • After Shock Media
            It's coming look busy
            • Mar 2001
            • 35299

            #6
            Originally posted by FreeHugeMovies
            Buy a short sale property and not a foreclosed one. You don't have to deal with the banks as much.
            Really? I thought on a short you have to get the banks approval first and sometimes more than one bank - getting them to accept the lessor amount. Where a foreclosure price is just that.

            [email protected] ICQ:135982156 AIM: Aftershockmed1a MSN: [email protected]

            Comment

            • Dagwolf
              President of Canada
              • Sep 2003
              • 23141

              #7
              Real estate is so much better than fake estate, where investment value is concerned.
              Sleep well, and dream of large women.

              Comment

              • HandballJim
                Confirmed User
                • Sep 2008
                • 4024

                #8
                I was looking at properties in Houston lately, not section 8 homes but foreclosed properties in middle to upper middle class areas.

                I found several homes that are selling for more than half their value. For example I found a house about 2 blocks away from my parent's home that is about 1500 square feet, that would in a normal market probably go for around $100,000 to $110,000. The house is being sold for $49,000.

                About 3 blocks away from that there is a house that is about 1900 sq feet, again this is a very nice neighborhood just blocks away from an elementary school in a highly rated school district that was being listed at $56,000. In a better market, that house could go for as much as $150,000.
                If these homes your talking about are in good shape that is a great deal...here in NY you couldn't buy a house burnned down for those prices. Of course here the cost of living is different, but those homes are still very cheap. The cheapest prices here in NYC that I have seen, in a not so great area was $220,000 But the cheapest house that you would want to raise a family in over here would cost you about $450,000
                HOW I MAKE LOTS OF $$$

                Comment

                • iguess
                  Confirmed User
                  • Aug 2005
                  • 691

                  #9
                  Damn kelli what area in houston was that? im looking at foreclosures?katy area or off 10 somewhere?

                  let me know.. ill icq you..
                  Originally posted by Kelli58
                  I was looking at properties in Houston lately, not section 8 homes but foreclosed properties in middle to upper middle class areas.

                  I found several homes that are selling for more than half their value. For example I found a house about 2 blocks away from my parent's home that is about 1500 square feet, that would in a normal market probably go for around $100,000 to $110,000. The house is being sold for $49,000.

                  About 3 blocks away from that there is a house that is about 1900 sq feet, again this is a very nice neighborhood just blocks away from an elementary school in a highly rated school district that was being listed at $56,000. In a better market, that house could go for as much as $150,000.
                  SIG TOO BIG! Maximum 120x60 button and no more than 3 text lines of DEFAULT SIZE and COLOR. Unless your sig is for a GFY top banner sponsor, then you may use a 624x80 instead of a 120x60.

                  Comment

                  • VIPimp
                    Marina WILL have my babies!
                    • May 2003
                    • 9234

                    #10
                    Come here to the Bay Area...
                    Lots of foreclosures priced really low.

                    Comment

                    • VIPimp
                      Marina WILL have my babies!
                      • May 2003
                      • 9234

                      #11
                      Originally posted by FreeHugeMovies
                      Buy a short sale property and not a foreclosed one. You don't have to deal with the banks as much.
                      Are you sure about that? I've seen the opposite.

                      Comment

                      Working...