Florida Housing market heating up....

[yesrej]

congrats and good luck cash!!!

 

[rbhudelson]

As such, I have taken a MAJOR STEP. I have resigned from my bar job after 22 yrs in the business. I always stayed in as a backstop for my other career and I liked the $600-$1000 extra a week. Now I will live or die by the Real Estate market. :leaving:

Greg, good luck. Going without a net or plan b is the only way to do it. It gives you the ability to focus....

 

[Buoy]

Good luck! Hope the business continues to boom for you.

 

[Clustergear]

Florida Market

Your right it must be heating up. I have had our house in Englewood Fla for sale just over two years two months and no offers. Got two offers last week, insp is done and we closing in less than a month. But I am still taken a bath as to what it would have sold for 3 or 4 years ago. We have to look at the bright side its payed for, so we get to keep the money. MAYBE a new BOAT????

 

[BlackJack58]

Figured it was only a matter of time before things picked up again. Too many good deals to be had. Best of luck to you!

 

[Cash Bar]

But I am still taken a bath as to what it would have sold for 3 or 4 years ago.

First Congrats !!

Second, just think of it like Blackjack in Vegas. You may have run it up a bunch, but what you walk away with still matters.

Hell, AIG was thru the roof not too long ago, and so was Madoff's fund....:ack2:

 

[catmando]

Always great to hear positive stories especially these days. Looking forward to your new website. Florida has always been my favorite state. Even the Redneck Riviera is looking good.

 

[bluellama]

Cash, give me a call next week. I've some guys looking for East Coast Rental/Invest singles.

 

[cuda]

Never in the history of mankind has real estate gone down, and stayed down.

 

[fund razor]

Never in the history of mankind has real estate gone down, and stayed down.

The area around Chernobyl won't pick back up for a while.

 

[Buoy]

The area around Chernobyl won't pick back up for a while.

I found a great deal online out there, was seriously considering it...
As an investment.:sifone:

 

[RollWithIt]

Thats great to hear Cash. Chris told me you were keeping busy. I still need to get up with you one of these days. The new truck purchase kinda set me back on the new boat purchase.. But I still have plans.

 

[Cash Bar]

Cash, give me a call next week. I've some guys looking for East Coast Rental/Invest singles.

Will do Steve. Now is the time.

Greg

 

[RLJ676]

Hope it works out too. Thanks for the good news on the market.
I have been following a couple of sample properties as kind of a test of what is happening to my donor's overall outlook. A house in Bloomfield Hills Michigan worth 500k had lost 21% in the prior year and 25% over the last 3 turned the corner and went back up. About 16k in a 30 day period. A check of the zip code showed a composite stabilization and a check of Oakland County showed values beginning to stabilize, too. Good news is good news.
Good luck.

As somebody who owns in that Oakland County, I'm glad to hear at least there might be stabilization. I sure can't afford to sell now, but it at least means a rebound could be in sight. At this point I'll take any good news around here.

 

[masher44]

great another sh1t bag moving in to real estate full time :03:

 

[cuda]

The area around Chernobyl won't pick back up for a while.

I don't recall the real estate market being very high there. I think that's the reason they put a nuclear reactor in.

 

[BobbyB]

Cash,
Thats great to hear. Good Luck with jumping into it full time. Make sure you keep us posted on how it goes.

 

[Cash Bar]

great another sh1t bag moving in to real estate full time :03:

It's always been full time, but it paid like part time. :ack2:

Now I'm trying to make it pay BIG TIME .. :sifone:

 

[JupiterSunsation]

Greg,

Anything selling in Harbor Beach area in the 5-10mm range?

 

[Magic Medicine]

Congrats hopefully this is a sign of good things to come for the rest of the country!