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Old 08-27-2004, 09:58 AM   #1
Dildozer
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I just bought my first property!!!!! (pics)

Thanks to the money i made using mensniche and leadingedgecash and of course the sponsor in my sig. Now spam aside...

Got this Ile d'orléans property in Quebec city, it's 2 cottages on the waterfront. 65000sq feet. Here's a few pics with more to come as i'm gonna go get drunk in it tonight with some buddies.

Here's the main cottage


The view from the main patio, in the fall the bay fills up with geese, it's gonna be awesome for hunting


The view continued, looking Cap Tourmente and at the far end i think it's Baie St-Paul and the opening of the St-Laurent.


The 2nd cottage viewed from the back


The inside of the 2nd cottage


I intend to enjoy it and rent it out a part of the year so it pays for itslef and still makes me cash, rentals in the area are in high demand so it should be alot of fun.
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Old 08-27-2004, 10:01 AM   #2
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congrats! price?
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Old 08-27-2004, 10:01 AM   #3
fr33s3x
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That's a nice backyard you got.
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Old 08-27-2004, 10:02 AM   #4
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Very nice views you got there
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Old 08-27-2004, 10:03 AM   #5
Dildozer
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$135000 CDN was the price i got it for.

fr33s3x, what i think you mention as a backyard is the coast at low tide, water comes at about 10 feet of the big cottage
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Old 08-27-2004, 10:05 AM   #6
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Nice place I think you did a good investment
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Old 08-27-2004, 10:05 AM   #7
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Awesome stuff man, congrats.
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Old 08-27-2004, 10:10 AM   #8
Dildozer
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I'm already in a dilemna, there are already interested buyers...
Should i keep it or make a quick profit?

My bet is hold on to it for a bit at least.
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Old 08-27-2004, 10:14 AM   #9
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Party in it for the weekend then rent it out.
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Old 08-27-2004, 10:14 AM   #10
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Quote:
Originally posted by Dildozer
I'm already in a dilemna, there are already interested buyers...
Should i keep it or make a quick profit?

My bet is hold on to it for a bit at least.
Depend on how big the profit would be
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Old 08-27-2004, 10:14 AM   #11
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Personally, I'd wreck the cottage and have a house built. (unless theres some kind of sentimental attachment) That kind of land alone here in Colorado would have set you back 500k+ USD.

----Investing in land since 91.

Congrats on your investment!

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Old 08-27-2004, 10:15 AM   #12
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Originally posted by Jer
Depend on how big the profit would be
Would probably double my cash down so it's quite interesting
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Old 08-27-2004, 10:16 AM   #13
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Originally posted by BlingDaddy
Personally, I'd wreck the cottage and have a house built. (unless theres some kind of sentimental attachment) That kind of land alone here in Colorado would have set you back 500k+ USD.

----Investing in land since 91.

Congrats on your investment!

BlingDaddy
Another reason why i don't think selling is the right course of action, though i couldn't afford it right now, next year i could do that, i can build 2 properties on that land $$$$
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Old 08-27-2004, 10:17 AM   #14
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that's very nice, congratulations and enjoy
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Old 08-27-2004, 10:17 AM   #15
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Would probably double my cash down so it's quite interesting
Sounds very interesting indeed!
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Old 08-27-2004, 10:21 AM   #16
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The property looks great. Congratulations!
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Old 08-27-2004, 10:23 AM   #17
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Congratulations!


btw- is it winterized? We're looking for a place to rent occasionally for weekend shoots.
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Old 08-27-2004, 10:24 AM   #18
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Quote:
Originally posted by Dildozer
Another reason why i don't think selling is the right course of action, though i couldn't afford it right now, next year i could do that, i can build 2 properties on that land $$$$
Precisely.... hold the investment, gain equity... 1 year slam 2 kick ass houses on the property and it will be worth 10 times what you paid for it.

Way to go Jedi.


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Old 08-27-2004, 10:33 AM   #19
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Very nice pickup, congrats. Got any pictures of the waterfront?
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Old 08-27-2004, 10:35 AM   #20
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dude the area looks awesome
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Old 08-27-2004, 10:36 AM   #21
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man where is civilization?

if i cant walk to arecord store i cant live there
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Old 08-27-2004, 10:39 AM   #22
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Pretty nice place for parties! Congrats man!
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Old 08-27-2004, 10:41 AM   #23
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Quote:
Originally posted by Dildozer
I'm already in a dilemna, there are already interested buyers...
Should i keep it or make a quick profit?

My bet is hold on to it for a bit at least.
If you can rent it out, never sell. Hold it untill you die. No need to chase the few quick bucks. And asset will support the the rest of your life.
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Old 08-27-2004, 10:45 AM   #24
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Quote:
Originally posted by BlingDaddy
Personally, I'd wreck the cottage and have a house built. (unless theres some kind of sentimental attachment) That kind of land alone here in Colorado would have set you back 500k+ USD.

----Investing in land since 91.

Congrats on your investment!

BlingDaddy
It's on iles d'orlean . Pretty much all cottages like thoses ...

It's a very special well known island
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Old 08-27-2004, 10:46 AM   #25
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It's not like ... a really big city place guys ... it's spaced cottages . That's the point of the whole island .

My grand parents got a cottage there too .
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Old 08-27-2004, 10:48 AM   #26
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Nice pleasant view you got there. Congrats.
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Old 08-27-2004, 10:50 AM   #27
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Old 08-27-2004, 10:50 AM   #28
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congrats on the property!!
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Old 08-27-2004, 10:51 AM   #29
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Quote:
Originally posted by Dildozer
I'm already in a dilemna, there are already interested buyers...
Should i keep it or make a quick profit?

My bet is hold on to it for a bit at least.
keep it for a few years and sale it for the double
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Old 08-27-2004, 10:52 AM   #30
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congrats ! How is it feel owning ur own house!
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Old 08-27-2004, 10:53 AM   #31
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Quote:
Originally posted by Dildozer
I'm already in a dilemna, there are already interested buyers...
Should i keep it or make a quick profit?

My bet is hold on to it for a bit at least.
If you don't need the money, why not enjoy it for a while?
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Old 08-27-2004, 10:55 AM   #32
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damn ur sig gave me a seizure.

nice buy dood, congrats
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Old 08-27-2004, 10:55 AM   #33
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nice place man! good find and purchase :P
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Old 08-27-2004, 11:07 AM   #34
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i would suggest renting it instead of selling
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Old 08-27-2004, 01:08 PM   #35
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Thanks everyone!

Emma, it's not winterized so far so I have to close it in the winter (end of october)

Sucks but these places rent for $1000 a week and mine would probably go up to $1500 with the second cottage and swimming pool.

Anyway i'm on my way there finally, i'll take some more pics for sure!
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Old 08-27-2004, 01:09 PM   #36
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Very nice pickup, congrats. Got any pictures of the waterfront?
You're looking at the low tide, I haven't seen it at high tide yet
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Old 08-27-2004, 01:11 PM   #37
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Very nice place, and congrats. Now make some nice improvments, enjoy it for a few years, and then sell it for a profit.
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Old 08-27-2004, 01:12 PM   #38
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Cool looking place, grats bro!!!
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Old 08-27-2004, 01:13 PM   #39
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Quote:
Originally posted by Dildozer
Thanks everyone!

Emma, it's not winterized so far so I have to close it in the winter (end of october)

Sucks but these places rent for $1000 a week and mine would probably go up to $1500 with the second cottage and swimming pool.

Anyway i'm on my way there finally, i'll take some more pics for sure!
Wow.... I live in the wrong fuckin place! LMAO
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Old 08-27-2004, 01:16 PM   #40
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Congrats!
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Old 08-27-2004, 01:21 PM   #41
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Congrats! A nice property/investment! Keep up the good work!
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Old 08-27-2004, 01:22 PM   #42
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$135000 CDN was the price i got it for.

water comes at about 10 feet of the big cottage
I hope the water level doesnt get too much higher or you may have water damage

It looks really good
If you think that the water is going to be an issue then sell it but if your not concerned about that then just rent it out
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Old 08-27-2004, 01:24 PM   #43
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nice looking view you got there
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Old 08-27-2004, 01:28 PM   #44
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Cool when can I come over?
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Old 08-27-2004, 01:31 PM   #45
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congrats man, looks awesome.

I plan to buy some land too but not that much... first I need a new car
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Old 08-27-2004, 01:35 PM   #46
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Absolutely beautiful! Congratuations!!!
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Old 08-27-2004, 01:48 PM   #47
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Does your ISP get there ? if not, how are you going to log on GFY from now on ?

kewl place btw
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Old 08-27-2004, 01:49 PM   #48
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This is like 20,000 square meters, and its less than $1USD/square meter.

I am paying 7.5 Euros/sqm and this is cheap.
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Old 08-27-2004, 01:54 PM   #49
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looks great!

smart investment!
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Old 08-27-2004, 01:56 PM   #50
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looks nice dildozer. middle of nowhere, beatiful scenery. i don't think i would ever leave.
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