tag:blogger.com,1999:blog-5140004705538204727.post667946870983458384..comments2023-12-16T04:08:06.419-08:00Comments on Real Estate in the LBC: Bottoms Upel beehttp://www.blogger.com/profile/14187665973956068496noreply@blogger.comBlogger8125tag:blogger.com,1999:blog-5140004705538204727.post-83334857699478805162010-03-16T10:36:55.516-07:002010-03-16T10:36:55.516-07:00JK, how about being more specific? A "few str...JK, how about being more specific? A "few streets over," if it's a few streets north, puts you in a gang-infested battle zone.<br />Not a good investment at almost any price.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5140004705538204727.post-50614326218418894322010-03-16T10:35:11.072-07:002010-03-16T10:35:11.072-07:00That area is rife with drug dealers. who live in t...That area is rife with drug dealers. who live in the rentals across the street, and two streets west, again, across the street.<br />Gang members, junkies and crack addicts galore day and night walking in that area.<br />Isn't there a bus stop in front of that buliding?<br />In any case, if you think something is "cheap" and still not selling, dig deeper. There is always a reason.<br />This will probably be picked up by someone with an FHA loan.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5140004705538204727.post-12695734493773281972010-03-12T20:15:59.042-08:002010-03-12T20:15:59.042-08:00Not quite yet for an investor...maybe for a bachel...Not quite yet for an investor...maybe for a bachelor. There's been much better deals a few streets over for under $100k in the last few months.<br /> Wait until the tax credit goes away and with it the first time buyer. Then they'll drop as only investors, for the most part,are left.JKnoreply@blogger.comtag:blogger.com,1999:blog-5140004705538204727.post-83909314233425138812010-03-12T10:43:09.068-08:002010-03-12T10:43:09.068-08:00Mike, the only reason I downplay the tax benefit f...Mike, the only reason I downplay the tax benefit for this particular place is because it's so dang cheap--you really aren't paying much in the way of property taxes or interest.<br /><br />The less you pay in, the less you get back. <br /><br />Either way, I'm with you: This is perfect for a bachelor.el beehttps://www.blogger.com/profile/14187665973956068496noreply@blogger.comtag:blogger.com,1999:blog-5140004705538204727.post-80517191796592205222010-03-12T10:23:08.068-08:002010-03-12T10:23:08.068-08:00I can't figure out why they wouldn't take ...I can't figure out why they wouldn't take a pic of the "french doors" leading out to the patio, and then a pic of the patio itself (guessing a pic of the view from patio is WAY out the question).<br /><br />My current rental is WAY nicer than this place in a WAY nicer area with an oldschool cheap rent... but dag this is something for a bachelor to consider! <br /><br />The monthly payment on this would be in the range of only $700 a month, but then there's the HOA of $241 to add to that. The tax deduction should take care of that and the property tax, but I'm wondering why El Bee is minimizing the tax deductions?<br /><br />I'm no expert, but from what I've heard and learned, it's definitely a considerable amount. Maybe I'm missing something??<br /><br /><br />Oh yeah and El Bee, check THIS out:<br /><br />http://www.lbpost.com/ryan/8786<br /><br />Unemployment in Long Beach is at a record rate, and the state is borrowing from the Fed just to pay Unemployment Insurance.<br /><br />Gee, I wonder why this is. (being sarcastic here)Mike in LBCnoreply@blogger.comtag:blogger.com,1999:blog-5140004705538204727.post-4992542892697014992010-03-12T08:46:47.643-08:002010-03-12T08:46:47.643-08:00I know...and it's MESSING WITH YOUR MINDS.
Bu...I know...and it's MESSING WITH YOUR MINDS.<br /><br />But hey, I call 'em as I see 'em and if I spot a good deal I'll be the first to point it out to my readers. <br /><br />Afterall, not everybody is in the market for a million-dollar home.<br /><br />Have a great weekend.el beehttps://www.blogger.com/profile/14187665973956068496noreply@blogger.comtag:blogger.com,1999:blog-5140004705538204727.post-38713043377517362372010-03-12T08:34:04.480-08:002010-03-12T08:34:04.480-08:00QtoR, I almost don't know how to react.QtoR, I almost don't know how to react.Mike in LBCnoreply@blogger.comtag:blogger.com,1999:blog-5140004705538204727.post-34692310636271349292010-03-12T07:48:38.675-08:002010-03-12T07:48:38.675-08:00Maybe it's happened before, but this is the fi...Maybe it's happened before, but this is the first time since I have been reading the blog that there was actually a post about a real estate bargain in the LBC. It's a miracle!!!Qualified to Represent...http://nowhere.bol.comnoreply@blogger.com