JD@Preview
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deejayoh wrote: 2 minutes of google sleuthing reveals that JD could win a Kenny Rogers look alike contest. Funny you should say that. I *have* heard that before from his pilot. Not that it's terribly relevant to this discussion.
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FWIW and take it with a grain of salt, I talked to an agent today who works exclusively for a REIT. He's been instructed to buy all the Snohomish County rental property he can get his hands on. Draw your own conclusions
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mike2 wrote: JD@Preview wrote: As a matter of fact I was around as I have been since '82. As for reliable sources, I experienced it firsthand. It's been reliable enough for me to profit from. I personally have no interest in changing your min…
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mike2 wrote: When the economy goes down people lower their expectations... people on the bottom get priced out. Sounds like a great time to raise rents. Worked well in 2001 from what I remember. But you weren't around here then were you? Tha…
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GetReal wrote: JD, who's going to live in your apartments if rent increases 15% a year? Sure, you were able to do it this year, but sooner or later this streak should end. The salaries do not increase at this rate, and rent depends also on salarie…
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uptown wrote: Hey folks, don't pick on JD. If it weren't for suckers like him I'd never make any money. Honestly, why do speculators always think they are the chosen ones? Here he is planning on retiring in 10 years along with a few other bab…
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mike2 wrote: JD, it sounds like your success rate is more dependent on picking quality clients and 5 years of consistent market gains. Not sure that supports the premise that using a rent vs buy calculator for 2002-07 will yield results in any…
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GetReal wrote: JD, no one argues that your clients would make money for property bought 3 years ago. The question is: what about now? Can you run the calculator with specific numbers and tell us what you get if you put your client into a house …
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mike2 wrote: JD@Preview wrote: Granted, that's a bit higher than the average appreciation but the *fact* remains that every one of my clients made money from day one. With a track record like that I'm sure you'd be willing to make a writt…
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Slimeball? Creepy? I just ran a number of my transactions over the last 5 years through your calculator and every one of them came out as "better to buy". My most recent was a listing for a repeat client selling the house I found for them 3 years …
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It's never the right time to buy just any ol' piece of real estate but there are still good investments to be made even now. It just takes a little intelligence and careful consideration. As for "Trust your RE Agent" as a universal mantra, I wouldn'…
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I guess there's some truth to the idea that we create our own reality. In mine what I said *is* correct and a part of my reality. Your inability to grasp and believe it will prevent it from being yours. I do place a certain amount of stock in luck a…
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Not enough answers. I have a Taurus, a Miata and a Honda ST1100 motorcycle
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Matthew wrote: JD Ever been to Tokyo? Yep and if you don't want to see that kind of thing here tell your representative to repeal the GMA
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You mean $330,000 *still* sounds ridiculous; they started at $460,000. :shock:
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They're condos in that the dirt they're on is all common area. External maintenance is most likely a function of the condo association rather than up to the individual homeowner. Going condo is also the only way you could put those crackerboxes on 1…
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That makes sense, CDOM and a lot of other fields on the listing data aren't available to the public. You'd have to call your Redfin (or any other) agent to get that and I'm guessing he won't give it up that easily.
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I haven't previewed them but I know the neighborhood. It *definitely* isn't a an upscale real estate kinda place.
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Redfin's software geeks didn't pick up on the CDOM (cumulative days on market) data that the MLS makes available to it its agents. The CDOM clock isn't supposed to reset to zero until the property has been unlisted for 45 days. In this case either t…
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The only signal that should send is that the seller/builder is smoking crack if he thinks those little crackerboxes on *2300* sq ft lots are worth $450,000. Even at $329,000 they're still $100,000 too high. There's no "message" here, it's just an is…
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I don't bypass the the listing agent. He/she has the right and responsibility to be there when the offer is presented. I *prefer* that their agent be there when I do the presentation so he can give his analysis of our offer. Traditionally the offer …
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I guess it's matter of timing on the condo Alan. My experience (bought my first condo at 20 in 1972) has been slow appreciation. That's always held true in my real estate business until last year. I sold a few condos at significant appreciation prim…
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It's a tough market to be a realtor in. I really don't want to waste my time trying to list a property at the prices many sellers want (sometimes need) to get. I do better with buyers because I'm not under the delusion that the listing price is what…
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Buying isn't always the best thing for everybody especially when you're young have a few wild hairs skewing your priorities. Nothing wrong with that. In another life before real estate I was a contract engineer and frequently out of the country for …
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Alan wrote: I do not think "fiscally conservative" can be used to describe the Republican party at this point in time. Could it ever? From my earliest adult memories from the late '60's the GOP has managed to increase deficit spending, incr…
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Mostly Democrat (Duh, I was a Dean Delegate to the state caucus).
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Alan wrote: Fiscally conservative. I was a strong Republican in high school, but somehow I find myself agreeing more with the Democrats today. Strangely my political views have not changed much. I'm not surprised. John Dean wrote a book rec…
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Lake Hills Renter wrote: I'd recommend coming down out of your ivory tower and treating us lowly renters like human beings -- or even maybe (gasp!) future clients -- instead of serfs to be lorded over with your imagined superiority. But then wha…
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synthetik wrote: That's freedom! Why be a slave to your "possessions"? I think many of us on this forum could buy their home with cash, but they choose not to. Unless you're going to give up being a slave to needing shelter too you may…
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Please forgive me, I'm apparently unclear as to what motivates people who aren't into home ownership to be involved in a forum that appears dedicated to it. It doesn't really matter to me one way or the other; as an agent I make a commission on your…