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Old 03-16-2004, 03:04 AM   #1
quiet
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2 bd rm 1300 sq ft vs 4 bd 4200 sq ft = same price

for those investing in real estate, does this not sometime just freak you the fuck out (regardless of the numbers)?

location plays such a monster roll in real estate.

sometime it still freaks me out, no matter the numbers...
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Old 03-16-2004, 03:06 AM   #2
BigVlad
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sure , location it's most important thing in real estate
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Old 03-16-2004, 03:08 AM   #3
BradM
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Example:
For a 3 bdrm rancher, 1.5 bath 1,500 sqft = $600 a month CDN rent in town
Go to victoria? Same thing = $1,400 a month

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Old 03-16-2004, 03:11 AM   #4
p1mpdogg
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Quote:
Originally posted by quiet
for those investing in real estate, does this not sometime just freak you the fuck out (regardless of the numbers)?

location plays such a monster roll in real estate.

sometime it still freaks me out, no matter the numbers...
dude check this shit out.

bought this place at 450 escrow closed on dec 8th 03

same fucking place 3 doors down same floor plan just closed excrow at 550k


3 months 100k

i love it
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Old 03-16-2004, 03:12 AM   #5
Amputate Your Head
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3200 sq ft, 3 bd, 3 1/2 bath....

South Dakota plus 4 acres of farmland: $80k

Oakland, CA: $600k

Wailea, Maui on the beach: $10 mil.
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Old 03-16-2004, 03:18 AM   #6
Morgan
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Im selling

2, 1 bedm 1 bath condos for 450,000.00 each (950 sq. ft)

2, 2 bedm 1 bath condos for 550,000.00 each (1200 sq. ft)

2, 2 bedm 2 bath condos for 650,000.00 each (1250 sq. ft)

here in Newport Beach, CA
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Old 03-16-2004, 03:19 AM   #7
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Wailea, Maui on the beach: $10 mil.

Choke

Fucken A...
And its prolly worth every cent.
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Old 03-16-2004, 03:22 AM   #8
quiet
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Quote:
Originally posted by Amputate Your Head
3200 sq ft, 3 bd, 3 1/2 bath....

South Dakota plus 4 acres of farmland: $80k

Oakland, CA: $600k

Wailea, Maui on the beach: $10 mil.
exactly.
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Old 03-16-2004, 03:27 AM   #9
Amputate Your Head
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Quote:
Originally posted by AlienQ
Wailea, Maui on the beach: $10 mil.

Choke

Fucken A...
And its prolly worth every cent.
indeed.... here, even a 2 bedroom condo NOT on the beach can run you upwards of $2 mil.
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Old 03-16-2004, 03:41 AM   #10
Amputate Your Head
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Quote:
Originally posted by quiet
for those investing in real estate, does this not sometime just freak you the fuck out (regardless of the numbers)?

location plays such a monster roll in real estate.

sometime it still freaks me out, no matter the numbers...
it's painful to check back on stuff later on....

I was offered a chance to buy into some not-so-nice condos here a couple years ago, and at the time the 3 bedrooms were going for $160k. I passed it up. Today, (the same condos) the 2 bedrooms are going for $290k.

should have sold my soul to get one of those back then....
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Old 03-16-2004, 03:47 AM   #11
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yup, thats the exact reason i live right on the border in detroit, if my house was a street over it would probably be worth an easy 25%+ more. its not any different of a neighborhood, but you're pretty much paying for the name. it would only be a concern to me if i had kids that were going to school.
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Old 03-16-2004, 05:35 AM   #12
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definitely is crazy sometimes. Good thing about this biz is if you want to live a little out of the way and have a killer place its much easier to do so.
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