Page 548 of 675 FirstFirst ... 543 544 545 546 547 548 549 550 551 552 553 ... LastLast
Results 13,676 to 13,700 of 16859
  1. #13676
    Join Date
    Sep 2006
    Posts
    5,607
    Quote Originally Posted by altasnob View Post
    Downtown commercial real estate dead? Not in downtown Seattle. Demand is actually 18.5% higher today than it was before the pandemic.

    Attachment 373387

    https://www.seattletimes.com/seattle...ndemic-levels/
    What in the wide, wide world of COVID is going on in Seattle? I was up there in Feb. and there were boarded up retail stores all over down town Seattle. NYC by comparison looked semi-normal last week. (At least SOHO and the West Village)
    "We don't beat the reaper by living longer, we beat the reaper by living well and living fully." - Randy Pausch

  2. #13677
    Join Date
    Mar 2005
    Location
    Dystopia
    Posts
    13,817
    Quote Originally Posted by Toadman View Post
    What in the wide, wide world of COVID is going on in Seattle? I was up there in Feb. and there were boarded up retail stores all over down town Seattle. NYC by comparison looked semi-normal last week. (At least SOHO and the West Village)
    It’s a “demand” statistic
    Whatever that means.

    Show me vacancy rates pre and post rioting.
    And average rents.

    LLC Is $500 a year here. Fucking thieves.
    “Life has become immeasurably better since I have been forced to stop taking it seriously.”
    Hunter S. Thompson

  3. #13678
    Join Date
    Aug 2006
    Posts
    7,049
    Quote Originally Posted by altasnob View Post
    Beyond keeping your identify anonymous, most of the benefits come if you ever plan to rent the property. Limits liability to that particular property so an injured party cannot go after your other assets. Easier to have multiple investment partners in the property. You don't have to purchase property as an LLC, you can transfer at any point. But if you want your identity anonymous, you do need to purchase as an LLC and set it up to be anonymous. Depends on state but setting up LLC is cheap and only requires a simple annual report with no fee to maintain the LLC. I believe lenders treat LLC properties different so that could be a negative.
    So, the reality is that no average joe should really bother with the LLC home ownership route, regardless of their intelligence.
    Live Free or Die

  4. #13679
    Join Date
    Mar 2006
    Location
    CO
    Posts
    1,532
    Quote Originally Posted by Core Shot View Post
    LLC Is $500 a year here. Fucking thieves.
    Delaware LLC instead?

  5. #13680
    Join Date
    Jan 2005
    Location
    Keep Tacoma Feared
    Posts
    2,111
    Quote Originally Posted by Toadman View Post
    What in the wide, wide world of COVID is going on in Seattle? I was up there in Feb. and there were boarded up retail stores all over down town Seattle. NYC by comparison looked semi-normal last week. (At least SOHO and the West Village)
    I haven't been to downtown Seattle in awhile but downtown Tacoma is starting to look more and more normal (which for Tacoma, means not that busy). Amazon is booming and despite Bezos' attempt to divest from Seattle, they are more Seattle centric than ever, with no sign of that changing. The Bay Area is still astronomically expensive making Seattle "affordable" for California companies and their employees. And while people love to bitch about Seattle, it is still one of the nicest cities in the US. TGR work from home tech workers move to Teton Valley but there are still tons of work from home tech workers who don't mind living in Seattle and occasionally making their way downtown to collaborate.

  6. #13681
    Join Date
    Oct 2003
    Location
    Big in Japan
    Posts
    47,765
    Quote Originally Posted by Toadman View Post
    What in the wide, wide world of COVID is going on in Seattle? I was up there in Feb. and there were boarded up retail stores all over down town Seattle. NYC by comparison looked semi-normal last week. (At least SOHO and the West Village)
    Daily riots?

    The world is perfect. Appreciate the details.

  7. #13682
    Join Date
    Apr 2005
    Location
    Seattle
    Posts
    1,801
    Quote Originally Posted by Benny Profane View Post
    Daily riots?
    Are you a local here now too? No daily riots are going on here and haven't been since last summer.

  8. #13683
    Join Date
    Oct 2003
    Location
    Big in Japan
    Posts
    47,765
    There always seems to be the potential in that town. Weren't the kids trashing that place for weeks?

    The world is perfect. Appreciate the details.

  9. #13684
    Join Date
    Sep 2006
    Posts
    5,607
    Here's a nice starter home for those looking in Seattle. I mean $595 sq/ft is crazy though. Looks like a flip based on the last sold date.

    https://www.redfin.com/WA/Seattle/62...5fbnVtYmVyPTI=
    "We don't beat the reaper by living longer, we beat the reaper by living well and living fully." - Randy Pausch

  10. #13685
    Join Date
    Oct 2003
    Location
    The Shed of Incorruptible Veracity
    Posts
    8,145
    Quote Originally Posted by Toadman View Post
    Here's a nice starter home for those looking in Seattle. I mean $595 sq/ft is crazy though. Looks like a flip based on the last sold date.

    https://www.redfin.com/WA/Seattle/62...5fbnVtYmVyPTI=
    You mean $595 sq/ft is crazy cheap, right?
    Relentlessly pursuing beauty in an irredeemably ugly world.

  11. #13686
    Join Date
    Mar 2008
    Location
    the ham
    Posts
    9,823
    Maybe that stretch of Rainier has gentrified, but I'm guessing you can still buy meth within 500 feet of that house, the convenience store still gets robbed on the reg, and anything not locked up walks away.

    And all of this can be yours for only $595/sq ft!

  12. #13687
    Join Date
    Apr 2005
    Location
    Seattle
    Posts
    1,801
    Quote Originally Posted by Benny Profane View Post
    There always seems to be the potential in that town. Weren't the kids trashing that place for weeks?
    Yes, there is potential, but luckily we aren't Portland. And luckily the best of Seattle food, drink and entertainment is not located in our downtown.


    Quote Originally Posted by Ted Striker View Post
    Maybe that stretch of Rainier has gentrified, but I'm guessing you can still buy meth within 500 feet of that house, the convenience store still gets robbed on the reg, and anything not locked up walks away.

    And all of this can be yours for only $595/sq ft!
    That is insane. I'll be a bit shocked if it goes for that. It's closer to the stretch of Columbia City, but still a block of the ave.

  13. #13688
    Join Date
    Oct 2003
    Location
    Redwood City
    Posts
    1,613
    Quote Originally Posted by Toadman View Post
    Here's a nice starter home for those looking in Seattle. I mean $595 sq/ft is crazy though. Looks like a flip based on the last sold date.

    https://www.redfin.com/WA/Seattle/62...5fbnVtYmVyPTI=
    It is walking distance to Rainier BBQ in case you want your $2 Balut happy hour special. https://www.rainierrestaurant.com/menu
    "Great barbecue makes you want to slap your granny up the side of her head." - Southern Saying

  14. #13689
    Join Date
    Mar 2008
    Location
    the ham
    Posts
    9,823
    Here's insane up in b'ham:
    https://www.redfin.com/WA/Bellingham.../home/15818477

    Asking for $350K/year gain for a decade

  15. #13690
    Join Date
    Oct 2006
    Location
    Bellevue
    Posts
    6,343
    Quote Originally Posted by LegoSkier View Post
    It is walking distance to Rainier BBQ in case you want your $2 Balut happy hour special. https://www.rainierrestaurant.com/menu
    How have I never eaten there?
    Crunchy conch, tamarind blood cockle, deer curry, grilled lemongrass goat?

  16. #13691
    Join Date
    Sep 2006
    Posts
    5,607
    Quote Originally Posted by glademaster View Post
    You mean $595 sq/ft is crazy cheap, right?
    Hey, it's got a fenced in back yard, and updated kitchen. But that stretch of Rainier S. is not what I would call a great location. But it definitely has been improving over the years. I remember riding my bike in that area back in the late 90's. And the change from those days until recently has definitely seen some investment and gentrification. But $595 sq/ft is a bit much. But someone who is priced out of the market and in constant bidding wars might bite.
    "We don't beat the reaper by living longer, we beat the reaper by living well and living fully." - Randy Pausch

  17. #13692
    Join Date
    Sep 2005
    Location
    PRB
    Posts
    26,088
    Quote Originally Posted by Ted Striker View Post
    Here's insane up in b'ham:
    https://www.redfin.com/WA/Bellingham.../home/15818477

    Asking for $350K/year gain for a decade
    hard to tell what happened, but it seems like it was either scraped and built or remodeled like crazy. So it surely is worth more than a "normal" 10 year appreciation, but that's still a nice haul if they can get it.
    "fuck off you asshat gaper shit for brains fucktard wanker." - Jesus Christ
    "She was tossing her bean salad with the vigor of a Drunken Pop princess so I walked out of the corner and said.... "need a hand?"" - Odin
    "I'd eat a bag of Dicks and wash it down with a Coke any day." - iceman

  18. #13693
    Join Date
    Feb 2013
    Posts
    1,489
    Quote Originally Posted by Ted Striker View Post
    Here's insane up in b'ham:
    https://www.redfin.com/WA/Bellingham.../home/15818477

    Asking for $350K/year gain for a decade
    That much money and you are still surrounded by drunk college students.

  19. #13694
    Join Date
    Jan 2005
    Location
    Keep Tacoma Feared
    Posts
    2,111

  20. #13695
    Join Date
    Mar 2008
    Location
    the ham
    Posts
    9,823
    Quote Originally Posted by Danno View Post
    hard to tell what happened, but it seems like it was either scraped and built or remodeled like crazy. So it surely is worth more than a "normal" 10 year appreciation, but that's still a nice haul if they can get it.
    I doubt they can.

    The current owners put the addition on the north side, but IIRC the previous owners did the big remodel of the original house and added the decks.

  21. #13696
    Join Date
    Mar 2008
    Location
    the ham
    Posts
    9,823
    Quote Originally Posted by John_B View Post
    That much money and you are still surrounded by drunk college students.
    Yeah, it's a crapshoot in that neighborhood. A friend used to live on Morey Ave (just above and to the north of that listing, about a few houses off campus) and it was surprisingly quiet, but another friend lived on High St and it was a 24/7 gong show.

  22. #13697
    Join Date
    Feb 2013
    Posts
    1,489
    Quote Originally Posted by Ted Striker View Post
    Yeah, it's a crapshoot in that neighborhood. A friend used to live on Morey Ave (just above and to the north of that listing, about a few houses off campus) and it was surprisingly quiet, but another friend lived on High St and it was a 24/7 gong show.
    I was over on Myrtle for a year and honestly didn't venture south much but figured the likelyhood was high.

  23. #13698
    Join Date
    Sep 2019
    Posts
    168
    ten percent over asking escalation on a home we just bid on....JFC these oil tycoons need to just stay outta Malibu if you are asking me.

  24. #13699
    Join Date
    Sep 2011
    Location
    Vermont
    Posts
    1,001
    Good article on the ongoing assessment in BTV. https://www.sevendaysvt.com/vermont/...t?oid=32909386. We live between the trailer park and Starr Farm Beach talked about in the article. Our neighborhood did ok compared to other parts of the city, old north end got hammered which is a shame. Of course the Mayors house didn’t go up anywhere near the average.

    We had what I think was a successful appeal of our appraisal. The house is a story and a half cape and as I dug into the numbers I found they included uninhabitable space under the eaves. Their total sf was about 300 more than what I expected and it only took me a few minutes to find the area. Pulled up the set of plans, flagged where the disputed areas were, and sent photos. 15 minute zoom yesterday where we spent a few minutes explaining the issue and walking him through the photos. Spent the rest of the time talking mountains, he’s a Colorado guy stuck in Dayton for work. At the end he told us he’s going to tell the team to correct the sf. It’ll be interesting to see the final number. The 300 sf is 15% so it should be substantial.

  25. #13700
    Join Date
    Mar 2006
    Location
    Beaverton, OR
    Posts
    814
    Quote Originally Posted by Danno View Post
    hard to tell what happened, but it seems like it was either scraped and built or remodeled like crazy. So it surely is worth more than a "normal" 10 year appreciation, but that's still a nice haul if they can get it.
    Last sale was the bottom of the housing bust so that was probably a desperation price?

    $4.7M makes no sense when Fairhaven oceanfront are bigger and half that price.

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •