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Even more sirrius post is serrous - joungers GITT
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Even more sirrius post is serrous - joungers GITT


Jul 9, 2020, 4:16 PM

we have a cash offer over list from a builder to tear down our house and re-build. we are in snooty brookhaven

question: take the money and run, or try and develop property ourselves since we have ~20% head start in terms of capital investment (i.e. equity)? clearly these guys see something. we have 3 offers from builders and 2 from normal UDP buyers.

I feel like a chump for not even taking this scenario into consideration with this move.

flag link military_tech thumb_downthumb_up

It will take a year to tear down/rebuild. Market


Jul 9, 2020, 4:28 PM

May change significantly in that time. Got DEEZ NUTZ?

flag link military_tech thumb_downthumb_up

Why are you Mark Harmon?***


Jul 9, 2020, 5:04 PM



2024 purple level memberbadge-donor-15yr.jpgringofhonor-beeksteak-110.jpg flag link military_tech thumb_downthumb_up

Re: Why are you Mark Harmon?***


Jul 9, 2020, 6:21 PM

He's really Jethro.

badge-donor-05yr.jpg flag link military_tech thumb_downthumb_up

cash is king


Jul 9, 2020, 4:35 PM

take the money, unless you have many years building and know exactly what you are getting into.

2024 orange level memberbadge-donor-10yr.jpg flag link military_tech thumb_downthumb_up


my only experience is building


Jul 9, 2020, 4:49 PM

warehouses. no residential.

my main intent is to GTFO of Atlanta for obvious reasons, and then build up in TN.

i hate feeling like I'm getting out smarted (rarely happens, lulz) and see/know the potential of this lot but likely wouldn't be able to commit the time to do it or absorb the risk.

flag link military_tech thumb_downthumb_up

If you are not a builder you will have a hard time


Jul 9, 2020, 4:58 PM

getting subs to give you good prices, plus you will have to watch them more closely. They aren't worried about making you happy they are worried about making their normal clients happy that will bring them work next year and five years from now. This hurts your schedule more than anything and time is money because you are paying interest on your construction loan from the get go.

Builders can make money building houses because they have experience. Homeowners watch HGTV and think its easy.

2024 orange level memberbadge-donor-10yr.jpg flag link military_tech thumb_downthumb_up


^^^^^^^^***


Jul 9, 2020, 5:06 PM



flag link military_tech thumb_downthumb_up

TN?***


Jul 9, 2020, 5:05 PM [ in reply to my only experience is building ]



2024 purple level memberbadge-donor-15yr.jpgringofhonor-beeksteak-110.jpg flag link military_tech thumb_downthumb_up

Tennessee, surprised you haven't heard of it


Jul 9, 2020, 5:06 PM

https://www.youtube.com/watch?v=6VCdJyOAQYM

flag link military_tech thumb_downthumb_up

where in TN?


Jul 9, 2020, 5:09 PM [ in reply to my only experience is building ]

@19B lives near nashville

flag link military_tech thumb_downthumb_up

Over list? Take it


Jul 9, 2020, 4:55 PM

The way things are going the bottom could drop out any minute.

2024 orange level memberbadge-donor-15yr.jpgringofhonor-cu85tiger.jpg flag link military_tech thumb_downthumb_up

“Anti-intellectualism has been a constant thread winding its way through our political and cultural life, nurtured by the false notion that democracy means that my ignorance is just as good as your knowledge.” Isaac Asimov
Panta Rhei Heraclitus


Take the money and run


Jul 9, 2020, 4:57 PM

My friends family just sold their house to some low ball we buy ugly houses types. They gutted and had it re-listed during the reno.

If you are getting that good of an offer tell the UDP’s to pound sand and sell to highest bidder.

Good luck

flag link military_tech thumb_downthumb_up


Replies: 12
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