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Replies: 34
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Hall of Famer [21360]
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THe other day we were talking about real estate going crazy.
May 4, 2017, 10:50 AM
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I put an offer on a house almost 10% higher than asking... did not get it because someone offered more.
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Oculus Spirit [79304]
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Def a sellers market
May 4, 2017, 10:52 AM
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I ended up paying asking price as a result of other offers.
I haven't heard of anyone not getting at least asking price lately. But then again I've only spoken to like 4 or 5 people who've been selling.
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Lot o points [156298]
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Weird, that extra $7k shoulda put you over the top.***
May 4, 2017, 10:52 AM
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Heisman Winner [138408]
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Re: Weird, that extra $7k shoulda put you over the top.***
May 4, 2017, 10:56 AM
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Hall of Famer [21360]
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Oculus Spirit [86050]
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Heisman Winner [105975]
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Monica, you cannot build ANYTHING worth a chid for
May 4, 2017, 11:04 AM
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$65/SF unless you want to never sell it, repair it within a few years, and wait 16 months while the contractor d!cks you around.
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Oculus Spirit [86050]
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You can get really close...especially if you have a basement
May 4, 2017, 11:10 AM
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and vinyl siding
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Heisman Winner [105975]
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We shopped a few custom builders and got nowhere
May 4, 2017, 11:14 AM
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near that. I have a friend trying to build now and he cannot get close to that either. That would have been awesome, but it wasn't reality for us. We tried.
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Oculus Spirit [86050]
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If I could count my garage (which I can't) mine would be $61
May 4, 2017, 11:19 AM
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I also chose granite, hardwoods, and fiber cement siding. If I had gone with laminate flooring (lasts longer and looks better than hardwoods) and vinyl siding (good life span) our builder could have put us in something for $70/sqft heated and cooled.
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Heisman Winner [105975]
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nice. I couldn't get anywhere near that.***
May 4, 2017, 11:23 AM
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Oculus Spirit [86050]
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We came in at $86 but I did the shiddy landscaping and then
May 4, 2017, 11:28 AM
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spent 10K on a driveway. The garage though really drove the price up. I also lost 20K in financing b/c my builder sucked (11 months to build). You had the opposite builder and had a better experience.....kinda balances out I suppose.
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Heisman Winner [105975]
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Wouldn't mind alot more equity though, but we were living
May 4, 2017, 11:32 AM
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with my parents and I'm not sure my marriage would have lasted much longer.
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Oculus Spirit [86050]
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We lived with her parents and conceived in the basement
May 4, 2017, 11:38 AM
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I actually liked it except for the 1 hr drive to work. My bank account was nice with no mortgage for 7 months.
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Oculus Spirit [79508]
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Oculus Spirit [86050]
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Looks better in the sense that if my kid drops his piggy
May 4, 2017, 11:31 AM
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bank on the floor it won't leave an indention in laminate like it will hardwood. When I say laminate I mean fake hardwood / pergo / is there another term? When my kid pushes the end table across the room, it wouldn't leave a 36 inch scratch on laminate....it will on the hardwood.
When I think it would be cool to try and breakd ance on the floor, the button in my pants can put a gash in real wood....not laminate though.
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Oculus Spirit [79508]
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They don't age well in my experience
May 4, 2017, 11:34 AM
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5 or 6 years you'd be wanting to pull them up. I like the tile that looks like hardwood, that'll be what goes in my next house if I'm ever able to move.
Also, please tell me you've seen the blue house right outside of 18 mile where that lunatic has built ##### on shipping containers.
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Oculus Spirit [86050]
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Haha, no I don't think I've been on that part of 187 lately
May 4, 2017, 11:37 AM
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sounds awesome though. Is it shaped like a ninja star?
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Hall of Famer [21360]
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NO! because the ninjastar house is going to be awesome.***
May 4, 2017, 11:39 AM
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Oculus Spirit [79508]
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Oculus Spirit [86050]
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Oh, he's on the water. I was like 1/4 mile from there
May 4, 2017, 11:47 AM
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Fri night but didn't go that far up. Plus it was dark.
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Oculus Spirit [79508]
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If you want a good chortle, take some time and go admire
May 4, 2017, 11:48 AM
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his handy work. Textbook example of too much money, not enough sense.
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Oculus Spirit [79508]
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I'm hoping the new Waffle House near me is going to
May 4, 2017, 10:55 AM
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help my property value, would be a great time to sell with so much promise in the area. Maybe one day
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Heisman Winner [138408]
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Didn't you just build a house AND pay it off all in the same
May 4, 2017, 10:56 AM
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week? Do you just really miss house payments?
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Hall of Famer [21360]
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Nah... I have been working on mine... its paid off.
May 4, 2017, 11:01 AM
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I have a rental. I was trying to buy another. I may have to go wholesale.
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Heisman Winner [135968]
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The problem with rentals is that they intersect with starter
May 4, 2017, 11:12 AM
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homes, as far as price range goes. Right now, at least in Rock Hill, shanty shacks on the wrong side of the tracks are getting top dollar and moving. I haven't really seen anything like it around here.
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Hall of Famer [21360]
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Yes... this one needed a lot of work.
May 4, 2017, 11:14 AM
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I would think mostly investors would be on this. It was an 80k house that needed about 15-20k for rent ready... prolly more like 20k for selling... of work... asking price was 38k.
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Hall of Famer [21360]
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How many rentals do you have?
May 4, 2017, 11:23 AM
[ in reply to The problem with rentals is that they intersect with starter ] |
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How long have you been doing it? This is a tough market right now. This is the 3rd property that I have found that I have tried to offer on. The first 2, by the time I saw them and got over there to see them, they had already accepted an offer. I check about every other day at least. Usually take no more than the next day to get over to look at it. They are just going like crazy.
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Heisman Winner [135968]
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As far as rentals, just the condo in Clemson.
May 4, 2017, 11:31 AM
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We'd love to get another in Clemson and are looking constantly, but that market is even worse than Rock Hill. We started looking here in RH because we could put Joonyer in it, and instead of him paying rent to someone else he would earn in an interest in the property for a rent/flip situation down the road, then move on and do it again.
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Hall of Famer [21360]
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I am looking for a house for a person in particular.
May 4, 2017, 11:37 AM
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A friend that I would not charge more than $600 for rent. Thats my problem right now...like you said, it intersects with starters. I cant go much more than a house fixed up value over 100k because of the money that would be lost in lost rent. (I could rent it for 1-1.1k and only renting it for 600).
The other one I have I put about 115k into it and its worth about 140k... can rent it for 1400 to 1600. That is the range I would like to be in...
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Legend [18278]
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Re: THe other day we were talking about real estate going crazy.
May 4, 2017, 11:22 AM
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I just bought a house. I lost out on the one I wanted before that. It went for $100K over list. If its listed in MLS and you aren't offering at least $50K over, you have no shot.
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Heisman Winner [105975]
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See YankeeJoe
May 4, 2017, 11:24 AM
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you should have offered $50k over the $38k asking price.
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Hall of Famer [21360]
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LOL... I am pretty sure I would have gotten it if I would
May 4, 2017, 11:24 AM
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have done that.
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Legend [18278]
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Re: See YankeeJoe
May 4, 2017, 11:29 AM
[ in reply to See YankeeJoe ] |
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We're also in the hottest housing market in the country because of the #### Chinese. They used to throw all their money into Vancouver but the Canadians implemented a 15% tax on foreign investment property purchases so they all just said the heck with it and moved south. Now prices are out of control.
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Lot o points [156298]
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Replies: 34
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50
