Results 8,026 to 8,050 of 27107
Thread: Real Estate Crash thread
-
01-26-2020, 06:05 PM #8026Funky But Chic
- Join Date
- Sep 2001
- Location
- The Cone of Uncertainty
- Posts
- 49,306
Where Upstate?
-
01-26-2020, 06:55 PM #8027
To NYC people Rockland County is upstate.
-
01-26-2020, 07:04 PM #8028Funky But Chic
- Join Date
- Sep 2001
- Location
- The Cone of Uncertainty
- Posts
- 49,306
oh we've been going around on the definition of "upstate" for a little while now.
-
01-26-2020, 07:06 PM #8029
Real Estate Crash thread
Most of the people buying rental properties upstate NY these days are from out of state.
-
01-26-2020, 07:44 PM #8030
-
01-26-2020, 07:47 PM #8031
Solidly upstate.
-
01-26-2020, 07:49 PM #8032
-
01-26-2020, 09:45 PM #8033Funky But Chic
- Join Date
- Sep 2001
- Location
- The Cone of Uncertainty
- Posts
- 49,306
-
01-26-2020, 10:13 PM #8034
-
01-26-2020, 10:32 PM #8035
-
01-26-2020, 10:34 PM #8036Funky But Chic
- Join Date
- Sep 2001
- Location
- The Cone of Uncertainty
- Posts
- 49,306
we can't go through this whole thing again, we just did it in some other thread. maybe it was even this one
-
01-27-2020, 01:10 AM #8037
-
01-27-2020, 09:40 AM #8038
Can we all agree buying commercial real estate, utilizing even the most liberal of upstate boundaries, is a bad idea?
Live Free or Die
-
01-27-2020, 09:46 AM #8039Registered User
- Join Date
- Oct 2007
- Posts
- 12,675
-
01-27-2020, 10:23 AM #8040
-
01-27-2020, 10:32 AM #8041Registered User
- Join Date
- Jan 2010
- Location
- your vacation
- Posts
- 4,749
I can picture that shitty apartment buildling in upstate new york
the hallway smells like an old shoe
the carpet is worn, the appliances are decades old
the aluminum windows leak air
the insulation is shit
the paint is faded and the shingles have moss growing on it
a couple trailers are in the lot next door
and the landlord gets his section 8 check monthly and has to beg the rest of the rent out of the tenants
in syracuse there are these "companies" that buy up all the inner city lead filled asbestos houses for 20 - 40k they put them on the section 8, do abslutely nothing to the homes and rent them out while the tenants continue to trash them
my friends bought a house in a so so upstate new york town, for 45k, nice house built in 1948, huge lot, in a city, people spend more on cars than they did on a house
-
01-27-2020, 11:43 AM #8042A few people feel the rain. Most people just get wet.
-
01-27-2020, 11:57 AM #8043
Brings up another question to ponder: how far is that from you? When my brother and I were dabbling in commercial RE we had a hard no to anything we can't round trip in a day policy. Passed on some opportunities that could've made money, but saved us a lot of headaches.
-
01-27-2020, 12:03 PM #8044
-
01-27-2020, 12:31 PM #8045
better than cooking meth
-
01-27-2020, 12:42 PM #8046A few people feel the rain. Most people just get wet.
-
01-27-2020, 01:01 PM #8047
-
01-27-2020, 01:07 PM #8048
-
01-27-2020, 01:07 PM #8049Registered User
- Join Date
- Jan 2010
- Location
- your vacation
- Posts
- 4,749
my mom did that kind of stuff
but it was mostly with master degree/doctoral students
used to get them into a grocery store back in the 80's and they'd lose their mind for hours it was crazy
all those choices all that stuff all in one place was way too much specially the ones from some communist countries
-
01-27-2020, 02:34 PM #8050
Bookmarks