Clean undercarriage Tuesday

SlinkyRedfoot said:
My in-laws are looking and if something goes on the market, they have to go look at it that day because the sellers get offers sight unseen. It's crazy.
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people who do that shit are dum af

Granted we were looking at cookie cutter houses, each one had it's pluses and minuses in person. I nope'd like 80% of them from the tours.
 
williewilliejuan said:
That’s a solid strategy. People are desperate right now and overpaying for shitty houses because they think they’re going to miss out if they don’t buy something. Two houses in my neighborhood that couldn‘t be given away two years ago both sold in days with multiple offers this year. Crazy shit going on out there.
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I would not be buying right now. Not only are you paying too much, but every shit land lord, that has been waiting to dump his garbage houses, is selling them right now too. Its like every house I see has been an abused rental.
 
williewilliejuan said:
Good luck. Inventory is ridiculously low everywhere right now.
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Kids are moving back, very few acceptable rentals. SIL is thinking of buying something small and flipping.
 
Flavortown Tebow said:
people who do that shit are dum af
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Nationally, they're estimating that one out of every five homes purchased is bought by someone/some company that never intends to live there.

Investment firms are now getting into the real estate market pretty heavily.
 
Peter Gozintite said:
I would not be buying right now. Not only are you paying too much, but every shit land lord, that has been waiting to dump his garbage houses, is selling them right now too. Its like every house I see has been an abused rental.
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What kind of dope would buy one of those?

end of school crying GIF
 
Peter Gozintite said:
I would not be buying right now. Not only are you paying too much, but every shit land lord, that has been waiting to dump his garbage houses, is selling them right now too. Its like every house I see has been an abused rental.
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That was the case on one of the places in my neighborhood. It languished on the market for nearly a year in 2019 because it was so fucked up inside. It sold this year in just a couple of days for more than they had it listed in 2019.
 
SlinkyRedfoot said:
Nationally, they're estimating that one out of every five homes purchased is bought by someone/some company that never intends to live there.

Investment firms are now getting into the real estate market pretty heavily.
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not a new thing. There was an investment company bought close to 6,000 house here over a 3 year period, and rented them out. Now they are selling.
 
williewilliejuan said:
That was the case on one of the places in my neighborhood. It languished on the market for nearly a year in 2019 because it was so fucked up inside. It sold this year in just a couple of days for more than they had it listed in 2019.
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Sellers are putting AS-IS in their listings, and taking offers with the least amount of contingencies. Buyers have been hiring me just so they know what needs to be done, and arent even asking for any credits or repairs.
 
Peter Gozintite said:
I would not be buying right now. Not only are you paying too much, but every shit land lord, that has been waiting to dump his garbage houses, is selling them right now too. Its like every house I see has been an abused rental.
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people are moving from the cookie cutters out to the rural areas here. Lotta 8-10 year old houses on the market.
 
Peter Gozintite said:
I would not be buying right now. Not only are you paying too much, but every shit land lord, that has been waiting to dump his garbage houses, is selling them right now too. Its like every house I see has been an abused rental.
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I'd only buy if I knew it was house I wanted and I'd be there ~10 years or longer
 
MTVike said:
Kids are moving back, very few acceptable rentals. SIL is thinking of buying something small and flipping.
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Better have plans to flip in the next 6 months
 
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Kburjr said:
Rural is the best IMO. More bang for the buck.
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Niece and her husband moved about 15 miles out of town to an old homestead/ranch. Not much out there, except some buffalo. I hope she doesn't get lonely.
 
Flavortown Tebow said:
people are moving from the cookie cutters out to the rural areas here. Lotta 8-10 year old houses on the market.
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Sorry, but I dont base the national real estate market trends, on either of the Dakotas.
 
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