Who wants to see some pics of Lensman's house?
 

I've sceen pics of his cottage at lake tahoe and cars in his garage (awesome cars too) - but never any pics of his house. I wana see some pics of lensman's house. come on lens - get out that camera and show us what kinda of a pad porn can REALLY buy.....

indeed we wanna see it

I hit it 2 times.

I wonder if the real estate market in Sacramento is super inflated like in San Fran.?

I'm in there for 3 times....

We can call it "GFY CRIBS"

Not if you pick the right location. Rio Linda baby! lol

how much is a basic house in S.F.? is it really as crazy as i've heard?

What have you heard?

Who gives a fuck?

There really is no such thing as a basic house in SF.

There were some duplex's built down the street from my girlfriends condo in 19th street in the Sunset District. No yard, 1 car garage, 2br, lots of traffic noise, nothing special. $750k and up.

An actual house in the Sunset.. 1m - 10m

The same 1m will get you a 3br condo in Pacific Heights

Some places in SF will be more for the same, some less.

I don't know if you can find anything under $750,000.00 within the city.

Here is a 1m house in the Richmond district:

http://www.sfabode.com/content/featu...ropertyCount=4

Amazing.

hehe, that's fucked up.

Danny Tanner could be your neighbour

Jesus Christ, what the hell kind of fucking moron would pay more than about $75k for a dump like that? Holy shit, California is one fucked up place.

Yeah, the Richmond isn't the best neighborhood either.

Alot of people just got lucky.. my ex for instance.. her grandparents bought the condo she's living in for 300K in '87. The unit next to hers (identical) went for just under 1.7m in '02.

I know loads of people living here who couldn't afford the houses they live in at todays market rates. Most bought 10-25 years ago.

my SF house was built in 99
the fucker keeps leaking on me :(

you all have no clue how expensive property is until you live in London. Seriously.

Middle class neighborhoods around Sac are 200-400k for big ass houses. But most of it suburbia, i'd shoot myself if i lived there. And Sac itself is ghetto

Ahahahahaha :1orglaugh

lens?

i think sleazy is working for the IRS....I'm waiting for the "post your gold bar stash" thread

No shit..

I've followed him home many many times...yet I never think to take pics...of his house.

Here's a million dollar home here in NYC

http://www.idouglaselliman.com/ellim...ics/3268.1.JPG

Not the whole building, just a 2 bedroom apt. inside the building. Click here for info

rip off

fuck, does a maid come and suck your dick every week?

My mom is selling my childhood home in Brooklyn, NY for $950k. It's in one of the white/jewish areas. For that kind of money, you'd think it were some castle type house. Nope. It's a 3-4 BR 2 bath kinda pad..
It's all about LOCATION here.

When I went to visit RAM in SF. He showed me a place he was thinking of buying and the price was simply astronomical for what it was.

SF is waaaaay too expensive!

DH

you can't put a price on city living.... D.C. is my next stop

I wanna see! I wanna see!

DH

come on lensman,
show us what you buy for a lot of shaved money from your webmasters...

:Graucho

me too

That's fucking rich :1orglaugh

Just for the fuck of it, I ran it through the mortgage calculator.

Mortgage Amount = $985,500.00

Down Payment = $109,500.00

Monthly Mortgage Payment = $5,673.09

Total Monthly Costs = $7,108.09


In case you think something doesn't add up, don't forget to add the $1435 a month maintenance costs to the Coop board.

Only a jackass would buy this place....and there's one born every minute.

Me, I'll settle for this instead
http://www.premierepussy.com/images/s2000-house.jpg

if you worked near that condo and had to choose between that mortage and a 2-3 hour daily comute each way it might make buying it a little more appealing.

I live in SF. While property here is super, super expensive what people fail to realize is how much equity and value they gain yearly.

I've only owned this place for a little over a year and it's worth an easy 100-150K more than I bought it for. I'm going to wait a few more years and then use the equity for a loan to get another place. Doing that every few years will make a shit load by the time I'm 60 :-)

A place might cost 1 million here but 10-15 years later it'll be worth double easy. Nothing beats owing real estate in SF Bay Area....it's the easiest way to make money....if u can afford to buy :-)

I don't know how you guys in the city stand it. I bought 8 acres of land last year with a small shack and a huge stocked pond on it for $55,000 Canadian, and I think I was kinda getting ripped off at that price.

I've been looking at log homes, and that shouldn't cost me more than $200,000 Canadian to have one built exactly how I want it, about 1700 square feet.

Plus I can pass out naked in my front yard, or shoot off a few guns, and no one will call the cops. I suggest you all become rednecks like me.

You live like 20 minutes from me dont you? London / St Thomas Area?


Did you hear that Boston Bruins Joe Thornton got arrested for a huge bar fight in St Thomas? :)

Yup, about 30 or 40 minutes from London. I heard about Thornton. Nice to see a local boy come home in style...laying the smack down on some cops.

:1orglaugh

I'm planning on it in the not too distant future :thumbsup

What is fucked up -- that $1,000,000 could easily feed 400 people for 1 year. The revolution is coming :321GFY

Assuming that the market doesn't crash...

http://jeffbabcock.com/gts.jpg

I'm sure Joe had a few drinks in here before he got in the scrap.
:glugglug

haha, i heard the fight was at Burly Bobs....

do you live in Port Stanley? I've been to Gt's on the beach a couple times, its awesome.. Alot better then the one we have in london haha.

For some reason I was thinking the fight was in Port Stanley, but I guess you are right, it was in St. Thomas. Don't know where I got that from.

Ever hear of a town called Glencoe? I live pretty close to that.

i always looked at it this way...if i am going to spend a mil on a house, it wont be for a normal 4 bedroom home in the suburbia of any place in the California state..would rather live in a fucking mansion with property in another state for the same price.

Actually, I commuted into NY city for 12 years, 3 1/2 to 4 hours a day on the road, so I could come home to what you see up there.

Fuck the city. I hope the place implodes.

That's risky. Taking the equity out of an already massively over-inflated market price to buy another one? If your buying and selling quickly that's one thing. I agree about the Bay Area market though.

But, these homes in SF that were averaging 300,000-400,000 in a normal market, that are up at 1-2million dollars, you think it'll stay that way? This is a bubble like everything else. It's just a matter of time before interest rates rise and the market corrects itself like all markets do.

Both Wall Street and Data Quick predict foreclosers to rise quite a bit in the future. It's already started in the Bay Area. And because people who bought homes for 1-2 million dollars are going to owe that money when the market corrects itself and the homes go back to being priced where they should be in normal market. They won't be able to sell.

The frenzy is because of the rates among many other factors. Rates won't stay this way forever. Prices will comes down when the rates rise as there certinaly won't be as many motivated buyers.

To be honest, I just feel bad for the people who bought in at 1-2 million dollars if they don't sell when they have the chance. Especially the people who decide to hold onto the place for the long haul. You see a huge jump in forclosures when you see people who are stuck owing more money then what the house is worth, when market corrects itself.

How fast the market comes down, and how fast or slow it will happen is the question on everyones mind.

You'll be lucky to ever see that much rise so quickly in housing prices again in your lifetime. You'll never be able to sell the home for the price that you bought it for when the market corrects.

My buddy did that same thing. He just sold his pad and made a quick 200 grand. He's buying another one. But he won't hold onto these homes in the city cause he knows he may never get this price again. He's real estate investor/analyses.

He doesn't want to be stuck in loan when he see's his little 3 bedroom home that he paid an over-inflated price of 1.1 million dollars, sink back down to a normal market price. Of course, no one knows how low it will fall or when. It can fall fast or gradually..who knows. But 5 years ago, the place he bought for 1.1 million was only worth $438,000. Do the math...it won't hold, let alone double to 2.2 million in 10 years.