My Miami Home Made $150,000 Equity(30%) in 6 MONTHS! Better Than Porn / Stock Market? - GoFuckYourself.com

Vittorio · 07-13-2005, 10:59 AM

Ahhhhhhh, for ME, I would certainly say so. A house on my Island neighborhood just sold, and on strictly a per sq ft. basis my house shot up 30% from what I bought it for 6 months ago!! That's an official "comparable" I can use for appraisals and sale. PLUS, my house is more updated with marble bths, kitchen, etc. AND has a pool (I saw this guys house before it sold.)

Now, I've seen a lot of posts about bubbles and bursts but I don't know, MIAMI is speeding along and shows no sign of let up. YES, perhaps in 1 1/2 - 2 years when all the new condos go up and become occupiable, and the investors have no one to "flip" them too. But not 'till then.

GFY and porn have been good to me, I'm a very small time content producer. It got me this house. But comparatively I got crushed on the stock market years back, and it took four years doing porn to get this house, so I would say REAL ESTATE is my best investment yet! What do YOU think?

(I posted these a while back, but here are a few pics of my house)

NaughtyRob · 07-13-2005, 11:01 AM

Good stuff man, but I would be afraid to live that close to the ocean fearing hurricanes.

wdsguy · 07-13-2005, 11:03 AM

damn man thats a really nice pad

Trax · 07-13-2005, 11:03 AM

nice what 150 grand gets you there... you'd only get a small apartment down here

pornguy · 07-13-2005, 11:05 AM

My house that I built in Pembroke Pines in Broward county I paid 186k for. Whe it sold this year, it went for 699k in a 4 year period.

Babagirls · 07-13-2005, 11:05 AM

i've been thinkin about taking a few courses on real estate at the tech school down the street.

crockett · 07-13-2005, 11:06 AM

congrats man on the good investment, I think I remember you posting about buying this house not so long ago. Housing is just going crazy right now..

Vittorio · 07-13-2005, 11:08 AM

Yeah, dude, we are on edge on EVERY storm now! Even though Dennis went up the gulf coast, I had a large tree knocked over in my front yard!! Thank God Emily is going way below us, but shit, we got 4 more months!!

$150K don't get you shit in miami. Maybe a crappy small studio some where.

BaBa!! That's FANTASTIC, it's CRAZY here. You got in at a much better time than me! I'm late, but still catchin' some action.

Vittorio · 07-13-2005, 11:10 AM

Opps, I meant PornGuy (You go BaBa, education is always a good thing)

robfantasy · 07-13-2005, 11:28 AM

Vittorio how much u pay for that house

Rui · 07-13-2005, 11:33 AM

Quote:

Originally Posted by Trax

nice what 150 grand gets you there... you'd only get a small apartment down here

I'm quite sure it didn't costed $150k...its value is appraised in an extra $150k...quite a big difference ;)

That looks like a wicked place to live (except like it was mentioned) for the hurricanes and shit like that

Dax · 07-13-2005, 11:35 AM

Same with my house.. I bought it last July and a lady 2 houses down just put hers on sale for more than $200.000 more than i bought mine for and she may get up to 250K more.

Dax · 07-13-2005, 11:39 AM

Quote:

Originally Posted by Vittorio

Dude... I live two blocks south of 79th street on biscayne blvd.. so we be mad close!

Vittorio · 07-13-2005, 11:47 AM

Rob, lol, do the math! Haha. Obviously I got a great deal on this excellent condition MiMo Style house.

Rui, I think he meant what would the new equity profit get here in Miami, although I had to read his post twice to see what he really meant.

Dax, Dude, I didn't know you bought a house pretty recently too. CONGRATS!! Yes, we are pretty close. What's your neighborhood called??

scoreman · 07-13-2005, 12:28 PM

Nice place Vittorio. I moved in Dec 2003 back to Miami (from Broward where we cashed a 50% increase in 22 mos ticket) and the realtor I used told me the other day that they have been seeing 30-40% increase for my area (north Pinecrest) in the last 12 mos. Unreal. These are all paper profits but it really adds a little pep to your step when you are told news like that.

Dax · 07-13-2005, 12:35 PM

Quote:

Originally Posted by Vittorio

Dax, Dude, I didn't know you bought a house pretty recently too. CONGRATS!! Yes, we are pretty close. What's your neighborhood called??

Morningside

Rich · 07-13-2005, 12:40 PM

Congrats, I'd suggest selling before next summer.

eGawd · 07-13-2005, 12:40 PM

Thats a nice car

Vittorio · 07-13-2005, 12:44 PM

Dax, hot area for sure. I'm gonna try and keep mine as long as I can (come on peeps, keep grabin' up our content!) as long as the money comes in.

Scoreman. I used to stud for you guys a few years back. If you are looking for a GREAT new stud, I got a guy for you. Hit me up at my sig info below. Here's a clip of his prowess collected from our newest content package:

http://www.hotamateurmpegs.com/video/cumshot.mpg

Anyway, yeah Pinecrest is talked about a lot too, I'm glad I finally got the $$ together to get into this market!

blackfeet · 07-13-2005, 02:11 PM

i bought a place in tamarac florida. payed $250 for it.

when I do sell it, I'm moving to nc and get a house twice the size for the same price.

scoreman · 07-13-2005, 02:18 PM

I passed the info to the studio for you. I think if its a great woodsman, there is always work for him so something will probably happen.

I like the area you chose to settle down in. We actually looked in that area because Treasure Island elementary has an A school rating. The main problem was when you got to middle and senior high. The people settling in Pinecrest are mostly getting in for their children to run through the schools in this district. I know if it werent for that, we also would be living closer to the beach.

Just curious, when you closed on your house, were you able to secure private company homeowners insurance or were you also forced to go with the JUA? I tried and was completely turned down everywhere and eventually went JUA.

Vittorio · 07-13-2005, 03:04 PM

Egawd, thanks!

Black, YES, the only way to REALIZE profit is to buy somewhere cheaper for sure, because EVERYTHING goes up in the same area as well.

Score, thanks. I guess Peter is still shooting?? Ummm I got All State home insurance & flood insurance (required here) and CITIZENS hurricane, they are the only ones offering in FL since Andrew in '92. JUA? What is that?

Vitasoy · 07-13-2005, 03:14 PM

Very nice looking place man.

The Dawg · 07-13-2005, 03:16 PM

Alot of people are cashing in on the equity in their houses by selling them. Just dont do it without a plan. I saw a news story about people selling and then not having a comparible house to buy/move into. So they were forced to rent while the single family home prices continue to rise.

I saw some of the houses in Morningside listed for sale. Those prices are crazy. Just like that loft building on 81st & Biscayne called The Bank. I cant believe they are getting that kind of money for that area. Wynnwood, Overtown, Art District... Speculators have made Miami's real estate market explode!

scoreman · 07-13-2005, 03:17 PM

Joint Underwriting Association I believe. Citizens is JUA, I have Citizens as well. The problem with the JUA is that by State law, the JUA has the highest premiums of all insurers, if you can believe that. I know it pissed me off to no end and combine that with the fact that the JUA has sky high deductibles. The real problem is that no one else is underwriting in Florida is seems.

yep, Pete is still here. I will give him your regards.

Tylo · 07-13-2005, 03:26 PM

Real estete is crazy down here. My Apartment community just went condo and my unit is going for 300k plus, for a 1/1!!

and they are saying that it will go up 60% in the next 8 months to a year.

adonthenet · 07-13-2005, 03:29 PM

looks awsome!

Sosa · 07-13-2005, 03:42 PM

crazy shit for sure.

Vittorio · 07-13-2005, 04:56 PM

Vitasoy, adonthenet, thanks Dudes.

Dawg, yeah, the Biscayne corridor! Hahaha. That shit won't be done over for 5 years! It's gonna take another 2 to finish Biscayne Blvd. Roads are always first in regenerating a neighborhood. Prices are crazy, so I'm not selling just yet, just excited to finally hear I have a solid comparable to get a sense of the value of my house.

Score, Yeah, Citizens suck, but it's all FL's got. Hope Miami doesn't get hit this year. My GF's parents live in Pensacola. They are alright, but BOY, God doesn't like that place too much! Yeah cool, tell Pete to watch that guys video clip I posted. He could always use the work and he's GREAT. I use him.

Tylo, yeah 60%, that's what I'm lookin' at here I hope!!

Vittorio · 07-14-2005, 09:03 AM

The Dawg, what part of town are you in??

xclusive · 07-14-2005, 09:08 AM

Real estate will always get you more bang for your buck

dubsix · 07-14-2005, 09:11 AM

man, I couldn't affoard to live down there anymore.

I use to live in parkland (10 years ago) our home which was at that time 450k is now well over 2 mil... it's insane

Vittorio · 07-14-2005, 09:33 AM

David, sounds like you did well, but could've done even better had you held a little longer!!

Rochard · 07-14-2005, 09:34 AM

My little hosue in Phoenix - nothing special - went up $130k in two years. That's insane.

xNetworx · 07-14-2005, 09:46 AM

Nice. Till the tsunami comes

Vittorio · 07-14-2005, 11:05 AM

Yeah, Florida rules. Moved from NYC 5 years ago. Geez, 400 sf studios are going for half a Million in a decent building and neighborhood in NYC so prices are considered still extremely low per sf here in Miami vs. NYC!

07-13-2005, 10:59 AM	#1
Vittorio Confirmed User Join Date: May 2003 Posts: 1,974	My Miami Home Made $150,000 Equity(30%) in 6 MONTHS! Better Than Porn / Stock Market? Ahhhhhhh, for ME, I would certainly say so. A house on my Island neighborhood just sold, and on strictly a per sq ft. basis my house shot up 30% from what I bought it for 6 months ago!! That's an official "comparable" I can use for appraisals and sale. PLUS, my house is more updated with marble bths, kitchen, etc. AND has a pool (I saw this guys house before it sold.) Now, I've seen a lot of posts about bubbles and bursts but I don't know, MIAMI is speeding along and shows no sign of let up. YES, perhaps in 1 1/2 - 2 years when all the new condos go up and become occupiable, and the investors have no one to "flip" them too. But not 'till then. GFY and porn have been good to me, I'm a very small time content producer. It got me this house. But comparatively I got crushed on the stock market years back, and it took four years doing porn to get this house, so I would say REAL ESTATE is my best investment yet! What do YOU think? (I posted these a while back, but here are a few pics of my house) __________________ 28 GIGS of Hardcore Content for $69 !!

07-13-2005, 11:01 AM	#2
NaughtyRob Two fresh affiliate progs Industry Role: Join Date: Nov 2004 Location: Inside teen pussy Posts: 29,602	Good stuff man, but I would be afraid to live that close to the ocean fearing hurricanes. __________________ [email protected] Skype: 17026955414 Vacares Web Hosting - Protect Your Ass with Included Daily Backups

07-13-2005, 11:05 AM	#5
pornguy Too lazy to set a custom title Industry Role: Join Date: Mar 2003 Location: Homeless Posts: 62,911	My house that I built in Pembroke Pines in Broward county I paid 186k for. Whe it sold this year, it went for 699k in a 4 year period. __________________ PornGuy skype me pornguy_epic AmateurDough The Hottes Shemales online! TChicks.com \| Angeles Cid \| Mariana Cordoba \| MAILERS WELCOME!

07-13-2005, 11:05 AM	#6
Babagirls Text Writer Join Date: Feb 2001 Location: Wisconsin Posts: 18,812	i've been thinkin about taking a few courses on real estate at the tech school down the street. __________________ Need a Text Writer? Blogs\|Reviews\|Descriptions\|Paysites\|TGP's\|Stories ICQ: 397892500

07-13-2005, 11:06 AM	#7
crockett in a van by the river Industry Role: Join Date: May 2003 Posts: 76,806	congrats man on the good investment, I think I remember you posting about buying this house not so long ago. Housing is just going crazy right now.. __________________ In November, you can vote for America's next president or its first dictator.

07-13-2005, 11:03 AM	#3
wdsguy Ryde or Die Industry Role: Join Date: Dec 2002 Location: California-Shanghai Posts: 19,568	damn man thats a really nice pad

07-13-2005, 11:03 AM	#4
Trax [----------------------] Join Date: Aug 2001 Posts: 14,486	nice what 150 grand gets you there... you'd only get a small apartment down here

07-13-2005, 11:08 AM	#8
Vittorio Confirmed User Join Date: May 2003 Posts: 1,974	Yeah, dude, we are on edge on EVERY storm now! Even though Dennis went up the gulf coast, I had a large tree knocked over in my front yard!! Thank God Emily is going way below us, but shit, we got 4 more months!! $150K don't get you shit in miami. Maybe a crappy small studio some where. BaBa!! That's FANTASTIC, it's CRAZY here. You got in at a much better time than me! I'm late, but still catchin' some action. __________________ 28 GIGS of Hardcore Content for $69 !!

07-13-2005, 11:10 AM	#9
Vittorio Confirmed User Join Date: May 2003 Posts: 1,974	Opps, I meant PornGuy (You go BaBa, education is always a good thing) __________________ 28 GIGS of Hardcore Content for $69 !!

07-13-2005, 11:28 AM	#10
robfantasy Confirmed User Industry Role: Join Date: Jun 2002 Location: Medellin, Colombia Posts: 6,445	Vittorio how much u pay for that house __________________ Looking to speak w/ high volume nutra CPA affiliates or networks... msg me

07-13-2005, 11:35 AM	#12
Dax Confirmed User Industry Role: Join Date: Apr 2002 Location: USA Posts: 3,161	Same with my house.. I bought it last July and a lady 2 houses down just put hers on sale for more than $200.000 more than i bought mine for and she may get up to 250K more.

07-13-2005, 11:47 AM	#14
Vittorio Confirmed User Join Date: May 2003 Posts: 1,974	Rob, lol, do the math! Haha. Obviously I got a great deal on this excellent condition MiMo Style house. Rui, I think he meant what would the new equity profit get here in Miami, although I had to read his post twice to see what he really meant. Dax, Dude, I didn't know you bought a house pretty recently too. CONGRATS!! Yes, we are pretty close. What's your neighborhood called?? __________________ 28 GIGS of Hardcore Content for $69 !!

07-13-2005, 12:28 PM	#15
scoreman Confirmed User Join Date: Nov 2001 Location: Miami, Florida Posts: 1,491	Nice place Vittorio. I moved in Dec 2003 back to Miami (from Broward where we cashed a 50% increase in 22 mos ticket) and the realtor I used told me the other day that they have been seeing 30-40% increase for my area (north Pinecrest) in the last 12 mos. Unreal. These are all paper profits but it really adds a little pep to your step when you are told news like that. __________________

07-13-2005, 12:40 PM	#17
Rich So Fucking Banned Join Date: Jan 2003 Posts: 11,486	Congrats, I'd suggest selling before next summer.

07-13-2005, 12:40 PM	#18
eGawd Confirmed User Industry Role: Join Date: Dec 2003 Location: La Jolla Posts: 567	Thats a nice car

07-13-2005, 12:44 PM	#19
Vittorio Confirmed User Join Date: May 2003 Posts: 1,974	Dax, hot area for sure. I'm gonna try and keep mine as long as I can (come on peeps, keep grabin' up our content!) as long as the money comes in. Scoreman. I used to stud for you guys a few years back. If you are looking for a GREAT new stud, I got a guy for you. Hit me up at my sig info below. Here's a clip of his prowess collected from our newest content package: http://www.hotamateurmpegs.com/video/cumshot.mpg Anyway, yeah Pinecrest is talked about a lot too, I'm glad I finally got the $$ together to get into this market! __________________ 28 GIGS of Hardcore Content for $69 !!

07-13-2005, 02:11 PM	#20
blackfeet Confirmed User Join Date: Jun 2003 Posts: 589	i bought a place in tamarac florida. payed $250 for it. when I do sell it, I'm moving to nc and get a house twice the size for the same price.

07-13-2005, 02:18 PM	#21
scoreman Confirmed User Join Date: Nov 2001 Location: Miami, Florida Posts: 1,491	I passed the info to the studio for you. I think if its a great woodsman, there is always work for him so something will probably happen. I like the area you chose to settle down in. We actually looked in that area because Treasure Island elementary has an A school rating. The main problem was when you got to middle and senior high. The people settling in Pinecrest are mostly getting in for their children to run through the schools in this district. I know if it werent for that, we also would be living closer to the beach. Just curious, when you closed on your house, were you able to secure private company homeowners insurance or were you also forced to go with the JUA? I tried and was completely turned down everywhere and eventually went JUA. __________________

07-13-2005, 03:04 PM	#22
Vittorio Confirmed User Join Date: May 2003 Posts: 1,974	Egawd, thanks! Black, YES, the only way to REALIZE profit is to buy somewhere cheaper for sure, because EVERYTHING goes up in the same area as well. Score, thanks. I guess Peter is still shooting?? Ummm I got All State home insurance & flood insurance (required here) and CITIZENS hurricane, they are the only ones offering in FL since Andrew in '92. JUA? What is that? __________________ 28 GIGS of Hardcore Content for $69 !!

07-13-2005, 03:14 PM	#23
Vitasoy GFY HALL OF FAME DAMMIT!!! Join Date: Oct 2003 Posts: 58,202	Very nice looking place man. __________________ [email protected]

07-13-2005, 03:16 PM	#24
The Dawg Confirmed User Join Date: Apr 2002 Location: State Of Bliss Posts: 2,438	Alot of people are cashing in on the equity in their houses by selling them. Just dont do it without a plan. I saw a news story about people selling and then not having a comparible house to buy/move into. So they were forced to rent while the single family home prices continue to rise. I saw some of the houses in Morningside listed for sale. Those prices are crazy. Just like that loft building on 81st & Biscayne called The Bank. I cant believe they are getting that kind of money for that area. Wynnwood, Overtown, Art District... Speculators have made Miami's real estate market explode!

07-13-2005, 03:17 PM	#25
scoreman Confirmed User Join Date: Nov 2001 Location: Miami, Florida Posts: 1,491	Joint Underwriting Association I believe. Citizens is JUA, I have Citizens as well. The problem with the JUA is that by State law, the JUA has the highest premiums of all insurers, if you can believe that. I know it pissed me off to no end and combine that with the fact that the JUA has sky high deductibles. The real problem is that no one else is underwriting in Florida is seems. yep, Pete is still here. I will give him your regards. __________________

07-13-2005, 03:26 PM	#26
Tylo Confirmed User Join Date: May 2002 Location: South FL. Posts: 2,108	Real estete is crazy down here. My Apartment community just went condo and my unit is going for 300k plus, for a 1/1!! and they are saying that it will go up 60% in the next 8 months to a year. __________________ -ICQ# 119419008

07-13-2005, 03:29 PM	#27
adonthenet Too lazy to set a custom title Join Date: Feb 2005 Posts: 16,753	looks awsome!

07-13-2005, 03:42 PM	#28
Sosa In Tushy Land Join Date: Oct 2002 Location: Nebraska Posts: 40,149	crazy shit for sure.

07-13-2005, 04:56 PM	#29
Vittorio Confirmed User Join Date: May 2003 Posts: 1,974	Vitasoy, adonthenet, thanks Dudes. Dawg, yeah, the Biscayne corridor! Hahaha. That shit won't be done over for 5 years! It's gonna take another 2 to finish Biscayne Blvd. Roads are always first in regenerating a neighborhood. Prices are crazy, so I'm not selling just yet, just excited to finally hear I have a solid comparable to get a sense of the value of my house. Score, Yeah, Citizens suck, but it's all FL's got. Hope Miami doesn't get hit this year. My GF's parents live in Pensacola. They are alright, but BOY, God doesn't like that place too much! Yeah cool, tell Pete to watch that guys video clip I posted. He could always use the work and he's GREAT. I use him. Tylo, yeah 60%, that's what I'm lookin' at here I hope!! __________________ 28 GIGS of Hardcore Content for $69 !!

07-14-2005, 09:03 AM	#30
Vittorio Confirmed User Join Date: May 2003 Posts: 1,974	The Dawg, what part of town are you in?? __________________ 28 GIGS of Hardcore Content for $69 !!

07-14-2005, 09:08 AM	#31
xclusive Too lazy to set a custom title Join Date: Apr 2004 Location: Buffalo, NY Posts: 35,218	Real estate will always get you more bang for your buck __________________ I support MediumPimpin.com / Shemp's Outlawtgp.com /

07-14-2005, 09:11 AM	#32
dubsix Confirmed User Industry Role: Join Date: Dec 2004 Posts: 363	man, I couldn't affoard to live down there anymore. I use to live in parkland (10 years ago) our home which was at that time 450k is now well over 2 mil... it's insane

07-14-2005, 09:33 AM	#33
Vittorio Confirmed User Join Date: May 2003 Posts: 1,974	David, sounds like you did well, but could've done even better had you held a little longer!! __________________ 28 GIGS of Hardcore Content for $69 !!

07-14-2005, 09:34 AM	#34
Rochard Jägermeister Test Pilot Industry Role: Join Date: Dec 2001 Location: NORCAL Posts: 74,248	My little hosue in Phoenix - nothing special - went up $130k in two years. That's insane. __________________ “The choice is no longer between right or left. The choice is between normal and crazy.” - Sarah Huckabee Sanders YNOT MAIL \| THE BEST ADULT MAILING SOLUTION

07-14-2005, 09:46 AM	#35
xNetworx So Fucking What Industry Role: Join Date: Jan 2004 Location: Whore Island Posts: 14,445	Nice. Till the tsunami comes

07-14-2005, 11:05 AM	#36
Vittorio Confirmed User Join Date: May 2003 Posts: 1,974	Yeah, Florida rules. Moved from NYC 5 years ago. Geez, 400 sf studios are going for half a Million in a decent building and neighborhood in NYC so prices are considered still extremely low per sf here in Miami vs. NYC! __________________ 28 GIGS of Hardcore Content for $69 !!