tag:blogger.com,1999:blog-5140004705538204727.post5111926179694494940..comments2023-12-16T04:08:06.419-08:00Comments on Real Estate in the LBC: Dirt McGirtel beehttp://www.blogger.com/profile/14187665973956068496noreply@blogger.comBlogger7125tag:blogger.com,1999:blog-5140004705538204727.post-23142462711778423752011-07-01T08:28:53.502-07:002011-07-01T08:28:53.502-07:00LB,
This didn't out too bad.
http://www.z...LB, <br /><br />This didn't out too bad. <br /><br />http://www.zillow.com/homedetails/431-Bonito-Ave-Long-Beach-CA-90802/21233151_zpid/#{scid=hdp-site-map-bubble-address}P. Adrianhttps://www.blogger.com/profile/10460494965050606446noreply@blogger.comtag:blogger.com,1999:blog-5140004705538204727.post-81660930332716343912009-04-18T04:05:00.000-07:002009-04-18T04:05:00.000-07:00Ouch. He's going to get caned.Ouch. He's going to get caned.Alanhttp://alanjohnson.tel/noreply@blogger.comtag:blogger.com,1999:blog-5140004705538204727.post-87335468454617933442009-04-12T19:55:00.000-07:002009-04-12T19:55:00.000-07:00yeah! I love it! So far I am the only member...b...yeah! I love it! So far I am the only member...but I've invited some of your facebook fans...let's see if they want to go public with their hatred of the greedtarded and their love of the blog! The name of the group is: "I'm a fan of the Long Beach Housing Blog"<BR/>Yeah...I know it's not creative, but it is to the point!<BR/>BTW, I might need therapy about a rental I looked at the other day. $2195 a month (reduced from $2495)...great location...but the carpets were actually crunchy with dirt and water damage and there were exposed wires everywhere! Grrrrr... take a look:<BR/>http://losangeles.craigslist.org/lgb/apa/1110259172.htmlKatyinLBChttps://www.blogger.com/profile/00124577566180486180noreply@blogger.comtag:blogger.com,1999:blog-5140004705538204727.post-87157735763009458922009-04-12T17:42:00.000-07:002009-04-12T17:42:00.000-07:00Katy,That's awesome! And thanks for starting the ...Katy,<BR/><BR/>That's awesome! And thanks for starting the facebook page. Let's get every reader to join!el beehttps://www.blogger.com/profile/14187665973956068496noreply@blogger.comtag:blogger.com,1999:blog-5140004705538204727.post-37283186100748781882009-04-12T11:00:00.000-07:002009-04-12T11:00:00.000-07:00Hey El Bee!Did you see that your blog was mentione...Hey El Bee!<BR/>Did you see that your blog was mentioned as one of the best real estate blogs? Take a look!<BR/>http://blog.redfin.com/losangeles/2009/03/best_los_angeles_real_estate_blogs.html<BR/>Also, I started you a fan club on facebook...hope you don't mind!KatyinLBChttps://www.blogger.com/profile/00124577566180486180noreply@blogger.comtag:blogger.com,1999:blog-5140004705538204727.post-30608185138559028192009-04-10T12:04:00.000-07:002009-04-10T12:04:00.000-07:00Ah, I knew you'd come through! And thanks for cla...Ah, I knew you'd come through! And thanks for clarifying the gardening costs. Not quite as funny now--I'll change that on the post. <BR/><BR/>And keep in mind there are ZERO interior photos, so who knows what ghastly surprises are in store. I somehow doubt the cap rates or calculations factor in the $40,000 or $50,000 required to fix it up (bathrooms, plumbing, roofing, appliances--all total unknowns).el beehttps://www.blogger.com/profile/14187665973956068496noreply@blogger.comtag:blogger.com,1999:blog-5140004705538204727.post-54839754117978262772009-04-10T11:46:00.000-07:002009-04-10T11:46:00.000-07:00Hah, you knew I would be right in there.Lets see.....Hah, you knew I would be right in there.<BR/><BR/>Lets see...bulldozer...check. Fire/insurance fraud=only way to make this pay.<BR/><BR/>5% cap rate for this POS? I'd rather have a 0.5% cap rate on my money market fund, and use the 20 hours/month it would take to run this place to enjoy my stress-free life. (notice no 'management fee' on those expenses, also, the expenses are yearly, so gardener is $40/mo)<BR/><BR/>I think that most slumlords want a 15% cap rate, or a GRM of 7 or 8, to take on the hassle of a POS like this..<BR/><BR/>FreedomCMUnknownhttps://www.blogger.com/profile/13492764672321753321noreply@blogger.com