Real Estate Crash thread

[Toadman]

It does seem strange, but it was one of the few things are RE agent called out, which was the smoke detectors/carbon monoxide detectors having been inspected. We had our house pre-inspected, and the buyer waived the inspection process, as he had ended up going with the same inspection company to do our house.

[frorider]

Like the FD comes and signs off that a single family residence has working smoke detectors? Why would any FD in the country do that?

I believe the FD sets a small furniture fire and observes the detectors in action. Requires a professional obv.

[3213256479+8]

Me, thinking about the 0.01% chance I keep my job, RE crashes and bitcoin does well.

[Dantheman]

The boutique fitness studio my wife works at sold yesterday. That's awesome, because the former owner has proven himself to be a piece of shit. But, I'm absolutely blown away that anyone would buy a gym right now. The new guy must either burn cash to heat his house, or he's a complete idiot. I suppose both are possible.

[skaredshtles]

The boutique fitness studio my wife works at sold yesterday. That's awesome, because the former owner has proven himself to be a piece of shit. But, I'm absolutely blown away that anyone would buy a gym right now. The new guy must either burn cash to heat his house, or he's a complete idiot. I suppose both are possible.

I'm truly happy for you and your wife. You folks were putting up with some real horseshit from that place...

[Self Jupiter]

The purchaser/new owner likely had it under contract months ago, got through diligence period before the outbreak and would have had to risk their escrow deposit to back out.

[Dantheman]

I'm truly happy for you and your wife. You folks were putting up with some real horseshit from that place...

You know that second 1099 I was waiting on? I received it March 6, and it was filled out by hand. I'm surprised it wasn't in crayon. He had also refused to close because of the pandemic. He has one other location that is still open, probably the only open gym in the state. Mark my words, it's going to be the source of a major outbreak. The new owner had the sense to close immediately, so that's a good sign..

[Bronco]

The boutique fitness studio my wife works at sold yesterday. That's awesome, because the former owner has proven himself to be a piece of shit. But, I'm absolutely blown away that anyone would buy a gym right now. The new guy must either burn cash to heat his house, or he's a complete idiot. I suppose both are possible.

In know of a Chinese restaurant business sale that closed last week. Strange times...

[Skidog]

In know of a Chinese restaurant business sale that closed last week. Strange times...

Isn't that mostly takeout biz anyway? I know my takeout habits have slightly increased in recent weeks attempting to support local places. Looks like that's about to end maybe? Still would be worried about it in these weird times.

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[Bronco]

No, they have a full bar and 100 seat restaurant. The do some takeout but it's probably 25% of the sales.

[char_]

Was planning to sell as wife has a major job change occurring by June 15. Didn't know where we were going until Friday. Yay.

[liv2ski]

So where you going? And where are you selling?

[char_]

Portland. Selling in the same state but not commuting distance.

[XXX-er]

had the " we need to talk about the rent " convo with the tennant today

[liv2ski]

had the " we need to talk about the rent " convo with the tennant today

Mine said lets keep it as is and she'll blow me a few times a month. Decisions, decisions?





j/k

[XXX-er]

only a few times ?

[rideit]

Depends.
Swallow, or spit?

[muted]

Just be sure your water heater is double strapped and you have a fire and carbon monoxide alarm up for him to takes photos of and leave as he just wants to take a few photos for the bank.

I asked if he cared about these things (I only have one strap on the tank) and he said no. I asked him about staying sanitary, he said leave all lights on and all doors open and he doesn't have to touch anything. And the fact his mom is going through chemo made me feel good he doesn't want to catch anything either. He's all done, came today, so if we don't all die from him, the refinancing is moving along...so it's possible to get an appraisal, but as you said what about a notary? We will see....

[Benny Profane]

Mine said lets keep it as is and she'll blow me a few times a month. Decisions, decisions?





j/k

Toss in anal to sweeten that deal.

[liv2ski]

Muted, so far the notaries are still working and Benny, anal was never my thing. YRMV

[XXX-er]

tennant can come up with half for sure and we go from there

[Kevo]

Lol at baby boomer landlords talking of trading sexual favors for rent in an economic depression. So funny you guys! Hahaha.

Oh man, some of you like anal and some of you like bjs. That's hilarious!

[XXX-er]

Your love gives me such a thrill
A-but your love don't pay my bills

I need a-money, that's all I want
That's what I want, that's what I want

[Benny Profane]

This is interesting. Rental market exploding in tourist heavy towns. AirBnB bubble pops.

https://twitter.com/DSAEastBay/statu...19016554876928

[Core Shot]

Depends.
Swallow, or spit?

Does it really matter.

Unless she’s a smearer. That’s not right