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sdduuuude.
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April 3, 2011 at 12:23 AM #682846April 3, 2011 at 12:23 AM #683471
CA renter
Participant[quote=bearishgurl][quote=threadkiller]
http://www.sdlookup.com/Pictures-100029314
Just noticed after relooking, is that an AK47 on the bed?[/quote]Another good rental property. Vintage 50’s bath and kitchen looks to be in good shape – just needs new lower-end appls. Decent “bones” for a smallish house only about 9 miles east of Dtn SD. There is likely red oak hardwood floors under that dirty carpet which may have never seen the light of day! This time it will take only 1-2 20′ dumpsters to vacate it and again, put the “better” stuff at the curb on Friday with a “Free” sign and it will be gone by Monday.
I know several people who own investment homes in that (Mt Vernon) area of LG and it is a great investment rental area! Again, as a new landlord, apply for the Section 8 (guaranteed rent) program. I predict it will sell for between $200K and $220K, depending on terms.
Don’t worry about the gun. If it’s real, the occupants surely will take it with them when they go :=]
Where are all these Piggs looking for investment rentals? WuJohn … Jazzman … surveyor … recordsclerk??
Look no further than the “Worst Pics in the MLS” thread, lol :=][/quote]
Gotta agree with you, BG. As a matter of fact, the tile in this house looks to be in better shape than what one sees in much newer houses. This house has “charm.” 😉
Just think, you might be able to pick up this baby for near its 1995 price (note days on market).
You’re right about looking on this thread for good rentals. 🙂
April 3, 2011 at 12:23 AM #683612Participant[quote=bearishgurl][quote=threadkiller]
http://www.sdlookup.com/Pictures-100029314
Just noticed after relooking, is that an AK47 on the bed?[/quote]Another good rental property. Vintage 50’s bath and kitchen looks to be in good shape – just needs new lower-end appls. Decent “bones” for a smallish house only about 9 miles east of Dtn SD. There is likely red oak hardwood floors under that dirty carpet which may have never seen the light of day! This time it will take only 1-2 20′ dumpsters to vacate it and again, put the “better” stuff at the curb on Friday with a “Free” sign and it will be gone by Monday.
I know several people who own investment homes in that (Mt Vernon) area of LG and it is a great investment rental area! Again, as a new landlord, apply for the Section 8 (guaranteed rent) program. I predict it will sell for between $200K and $220K, depending on terms.
Don’t worry about the gun. If it’s real, the occupants surely will take it with them when they go :=]
Where are all these Piggs looking for investment rentals? WuJohn … Jazzman … surveyor … recordsclerk??
Look no further than the “Worst Pics in the MLS” thread, lol :=][/quote]
Gotta agree with you, BG. As a matter of fact, the tile in this house looks to be in better shape than what one sees in much newer houses. This house has “charm.” 😉
Just think, you might be able to pick up this baby for near its 1995 price (note days on market).
You’re right about looking on this thread for good rentals. 🙂
April 3, 2011 at 12:23 AM #683967Participant[quote=bearishgurl][quote=threadkiller]
http://www.sdlookup.com/Pictures-100029314
Just noticed after relooking, is that an AK47 on the bed?[/quote]Another good rental property. Vintage 50’s bath and kitchen looks to be in good shape – just needs new lower-end appls. Decent “bones” for a smallish house only about 9 miles east of Dtn SD. There is likely red oak hardwood floors under that dirty carpet which may have never seen the light of day! This time it will take only 1-2 20′ dumpsters to vacate it and again, put the “better” stuff at the curb on Friday with a “Free” sign and it will be gone by Monday.
I know several people who own investment homes in that (Mt Vernon) area of LG and it is a great investment rental area! Again, as a new landlord, apply for the Section 8 (guaranteed rent) program. I predict it will sell for between $200K and $220K, depending on terms.
Don’t worry about the gun. If it’s real, the occupants surely will take it with them when they go :=]
Where are all these Piggs looking for investment rentals? WuJohn … Jazzman … surveyor … recordsclerk??
Look no further than the “Worst Pics in the MLS” thread, lol :=][/quote]
Gotta agree with you, BG. As a matter of fact, the tile in this house looks to be in better shape than what one sees in much newer houses. This house has “charm.” 😉
Just think, you might be able to pick up this baby for near its 1995 price (note days on market).
You’re right about looking on this thread for good rentals. 🙂
April 3, 2011 at 11:15 AM #682852bearishgurl
Participant[quote=CA renter]Gotta agree with you, BG. As a matter of fact, the tile in this house looks to be in better shape than what one sees in much newer houses. This house has “charm.” 😉
Just think, you might be able to pick up this baby for near its 1995 price (note days on market).
You’re right about looking on this thread for good rentals. :)[/quote]
Yeah, CAR, I will make an educated guess that the long market time is primarily due to an uncooperative, lazy tenant, who wasn’t given any incentive by the seller to get rid of their junk and maintain the place properly during market time. Or perhaps the tenant was unmotivated to accept the seller’s incentive and the seller needed the ongoing rent too badly to evict them before marketing it (since it is now an “approved” short sale. They could have had lower offers which their lender refused.
The price has never been a big issue, IMO. It’s always been “in the ballpark” and still is at the (presumably) “lender approved” price of $230K.
This is exactly the type of investment property I or my very handy colleagues would purchase for immediate placement into a long-term lease :=]
April 3, 2011 at 11:15 AM #682906Participant[quote=CA renter]Gotta agree with you, BG. As a matter of fact, the tile in this house looks to be in better shape than what one sees in much newer houses. This house has “charm.” 😉
Just think, you might be able to pick up this baby for near its 1995 price (note days on market).
You’re right about looking on this thread for good rentals. :)[/quote]
Yeah, CAR, I will make an educated guess that the long market time is primarily due to an uncooperative, lazy tenant, who wasn’t given any incentive by the seller to get rid of their junk and maintain the place properly during market time. Or perhaps the tenant was unmotivated to accept the seller’s incentive and the seller needed the ongoing rent too badly to evict them before marketing it (since it is now an “approved” short sale. They could have had lower offers which their lender refused.
The price has never been a big issue, IMO. It’s always been “in the ballpark” and still is at the (presumably) “lender approved” price of $230K.
This is exactly the type of investment property I or my very handy colleagues would purchase for immediate placement into a long-term lease :=]
April 3, 2011 at 11:15 AM #683531Participant[quote=CA renter]Gotta agree with you, BG. As a matter of fact, the tile in this house looks to be in better shape than what one sees in much newer houses. This house has “charm.” 😉
Just think, you might be able to pick up this baby for near its 1995 price (note days on market).
You’re right about looking on this thread for good rentals. :)[/quote]
Yeah, CAR, I will make an educated guess that the long market time is primarily due to an uncooperative, lazy tenant, who wasn’t given any incentive by the seller to get rid of their junk and maintain the place properly during market time. Or perhaps the tenant was unmotivated to accept the seller’s incentive and the seller needed the ongoing rent too badly to evict them before marketing it (since it is now an “approved” short sale. They could have had lower offers which their lender refused.
The price has never been a big issue, IMO. It’s always been “in the ballpark” and still is at the (presumably) “lender approved” price of $230K.
This is exactly the type of investment property I or my very handy colleagues would purchase for immediate placement into a long-term lease :=]
April 3, 2011 at 11:15 AM #683673Participant[quote=CA renter]Gotta agree with you, BG. As a matter of fact, the tile in this house looks to be in better shape than what one sees in much newer houses. This house has “charm.” 😉
Just think, you might be able to pick up this baby for near its 1995 price (note days on market).
You’re right about looking on this thread for good rentals. :)[/quote]
Yeah, CAR, I will make an educated guess that the long market time is primarily due to an uncooperative, lazy tenant, who wasn’t given any incentive by the seller to get rid of their junk and maintain the place properly during market time. Or perhaps the tenant was unmotivated to accept the seller’s incentive and the seller needed the ongoing rent too badly to evict them before marketing it (since it is now an “approved” short sale. They could have had lower offers which their lender refused.
The price has never been a big issue, IMO. It’s always been “in the ballpark” and still is at the (presumably) “lender approved” price of $230K.
This is exactly the type of investment property I or my very handy colleagues would purchase for immediate placement into a long-term lease :=]
April 3, 2011 at 11:15 AM #684027Participant[quote=CA renter]Gotta agree with you, BG. As a matter of fact, the tile in this house looks to be in better shape than what one sees in much newer houses. This house has “charm.” 😉
Just think, you might be able to pick up this baby for near its 1995 price (note days on market).
You’re right about looking on this thread for good rentals. :)[/quote]
Yeah, CAR, I will make an educated guess that the long market time is primarily due to an uncooperative, lazy tenant, who wasn’t given any incentive by the seller to get rid of their junk and maintain the place properly during market time. Or perhaps the tenant was unmotivated to accept the seller’s incentive and the seller needed the ongoing rent too badly to evict them before marketing it (since it is now an “approved” short sale. They could have had lower offers which their lender refused.
The price has never been a big issue, IMO. It’s always been “in the ballpark” and still is at the (presumably) “lender approved” price of $230K.
This is exactly the type of investment property I or my very handy colleagues would purchase for immediate placement into a long-term lease :=]
April 3, 2011 at 1:16 PM #682886eavesdropper
Participant[quote=bearishgurl][quote=CA renter]Gotta agree with you, BG. As a matter of fact, the tile in this house looks to be in better shape than what one sees in much newer houses. This house has “charm.” 😉
Just think, you might be able to pick up this baby for near its 1995 price (note days on market).
You’re right about looking on this thread for good rentals. :)[/quote]
Yeah, CAR, I will make an educated guess that the long market time is primarily due to an uncooperative, lazy tenant, who wasn’t given any incentive by the seller to get rid of their junk and maintain the place properly during market time. Or perhaps the tenant was unmotivated to accept the seller’s incentive and the seller needed the ongoing rent too badly to evict them before marketing it (since it is now an “approved” short sale. They could have had lower offers which their lender refused.
The price has never been a big issue, IMO. It’s always been “in the ballpark” and still is at the (presumably) “lender approved” price of $230K.
This is exactly the type of investment property I or my very handy colleagues would purchase for immediate placement into a long-term lease :=][/quote]
BG, I agree with you on the rental potential. Wish I could find ’em like this here in the DC area.
I’m curious about one thing: Did you notice that the price was supposedly dropped from $239,000 to $199K in February, and subsequently raised to $230K in March? Any idea what that’s all about?
Also, I didn’t notice an AK47 on the bed, but there was something wrapped in tissue paper at the bottom of the bed that had the shape of a sawed-off shotgun….Note to self: birthday gift dilemma for hubby solved.
April 3, 2011 at 1:16 PM #682941Participant[quote=bearishgurl][quote=CA renter]Gotta agree with you, BG. As a matter of fact, the tile in this house looks to be in better shape than what one sees in much newer houses. This house has “charm.” 😉
Just think, you might be able to pick up this baby for near its 1995 price (note days on market).
You’re right about looking on this thread for good rentals. :)[/quote]
Yeah, CAR, I will make an educated guess that the long market time is primarily due to an uncooperative, lazy tenant, who wasn’t given any incentive by the seller to get rid of their junk and maintain the place properly during market time. Or perhaps the tenant was unmotivated to accept the seller’s incentive and the seller needed the ongoing rent too badly to evict them before marketing it (since it is now an “approved” short sale. They could have had lower offers which their lender refused.
The price has never been a big issue, IMO. It’s always been “in the ballpark” and still is at the (presumably) “lender approved” price of $230K.
This is exactly the type of investment property I or my very handy colleagues would purchase for immediate placement into a long-term lease :=][/quote]
BG, I agree with you on the rental potential. Wish I could find ’em like this here in the DC area.
I’m curious about one thing: Did you notice that the price was supposedly dropped from $239,000 to $199K in February, and subsequently raised to $230K in March? Any idea what that’s all about?
Also, I didn’t notice an AK47 on the bed, but there was something wrapped in tissue paper at the bottom of the bed that had the shape of a sawed-off shotgun….Note to self: birthday gift dilemma for hubby solved.
April 3, 2011 at 1:16 PM #683566Participant[quote=bearishgurl][quote=CA renter]Gotta agree with you, BG. As a matter of fact, the tile in this house looks to be in better shape than what one sees in much newer houses. This house has “charm.” 😉
Just think, you might be able to pick up this baby for near its 1995 price (note days on market).
You’re right about looking on this thread for good rentals. :)[/quote]
Yeah, CAR, I will make an educated guess that the long market time is primarily due to an uncooperative, lazy tenant, who wasn’t given any incentive by the seller to get rid of their junk and maintain the place properly during market time. Or perhaps the tenant was unmotivated to accept the seller’s incentive and the seller needed the ongoing rent too badly to evict them before marketing it (since it is now an “approved” short sale. They could have had lower offers which their lender refused.
The price has never been a big issue, IMO. It’s always been “in the ballpark” and still is at the (presumably) “lender approved” price of $230K.
This is exactly the type of investment property I or my very handy colleagues would purchase for immediate placement into a long-term lease :=][/quote]
BG, I agree with you on the rental potential. Wish I could find ’em like this here in the DC area.
I’m curious about one thing: Did you notice that the price was supposedly dropped from $239,000 to $199K in February, and subsequently raised to $230K in March? Any idea what that’s all about?
Also, I didn’t notice an AK47 on the bed, but there was something wrapped in tissue paper at the bottom of the bed that had the shape of a sawed-off shotgun….Note to self: birthday gift dilemma for hubby solved.
April 3, 2011 at 1:16 PM #683708Participant[quote=bearishgurl][quote=CA renter]Gotta agree with you, BG. As a matter of fact, the tile in this house looks to be in better shape than what one sees in much newer houses. This house has “charm.” 😉
Just think, you might be able to pick up this baby for near its 1995 price (note days on market).
You’re right about looking on this thread for good rentals. :)[/quote]
Yeah, CAR, I will make an educated guess that the long market time is primarily due to an uncooperative, lazy tenant, who wasn’t given any incentive by the seller to get rid of their junk and maintain the place properly during market time. Or perhaps the tenant was unmotivated to accept the seller’s incentive and the seller needed the ongoing rent too badly to evict them before marketing it (since it is now an “approved” short sale. They could have had lower offers which their lender refused.
The price has never been a big issue, IMO. It’s always been “in the ballpark” and still is at the (presumably) “lender approved” price of $230K.
This is exactly the type of investment property I or my very handy colleagues would purchase for immediate placement into a long-term lease :=][/quote]
BG, I agree with you on the rental potential. Wish I could find ’em like this here in the DC area.
I’m curious about one thing: Did you notice that the price was supposedly dropped from $239,000 to $199K in February, and subsequently raised to $230K in March? Any idea what that’s all about?
Also, I didn’t notice an AK47 on the bed, but there was something wrapped in tissue paper at the bottom of the bed that had the shape of a sawed-off shotgun….Note to self: birthday gift dilemma for hubby solved.
April 3, 2011 at 1:16 PM #684062Participant[quote=bearishgurl][quote=CA renter]Gotta agree with you, BG. As a matter of fact, the tile in this house looks to be in better shape than what one sees in much newer houses. This house has “charm.” 😉
Just think, you might be able to pick up this baby for near its 1995 price (note days on market).
You’re right about looking on this thread for good rentals. :)[/quote]
Yeah, CAR, I will make an educated guess that the long market time is primarily due to an uncooperative, lazy tenant, who wasn’t given any incentive by the seller to get rid of their junk and maintain the place properly during market time. Or perhaps the tenant was unmotivated to accept the seller’s incentive and the seller needed the ongoing rent too badly to evict them before marketing it (since it is now an “approved” short sale. They could have had lower offers which their lender refused.
The price has never been a big issue, IMO. It’s always been “in the ballpark” and still is at the (presumably) “lender approved” price of $230K.
This is exactly the type of investment property I or my very handy colleagues would purchase for immediate placement into a long-term lease :=][/quote]
BG, I agree with you on the rental potential. Wish I could find ’em like this here in the DC area.
I’m curious about one thing: Did you notice that the price was supposedly dropped from $239,000 to $199K in February, and subsequently raised to $230K in March? Any idea what that’s all about?
Also, I didn’t notice an AK47 on the bed, but there was something wrapped in tissue paper at the bottom of the bed that had the shape of a sawed-off shotgun….Note to self: birthday gift dilemma for hubby solved.
April 3, 2011 at 3:19 PM #682920Participant[quote=eavesdropper]BG, I agree with you on the rental potential. Wish I could find ’em like this here in the DC area.
I’m curious about one thing: Did you notice that the price was supposedly dropped from $239,000 to $199K in February, and subsequently raised to $230K in March? Any idea what that’s all about?
Also, I didn’t notice an AK47 on the bed, but there was something wrapped in tissue paper at the bottom of the bed that had the shape of a sawed-off shotgun….Note to self: birthday gift dilemma for hubby solved.[/quote]
eaves, all I can figure on the recent price hike is that the listing started out as a “wishful” short sale and the first or second lender would not accept an offer accepted by the seller in the $199K range so they moved the price up to the ballpark of what would make a future deal fly for all interested parties, thus it is apparently now an “approved short-sale.” Regardless, $230K is not bad for this house. This area traditionally has many double lots and larger lots, although this listing doesn’t specify lot size. The lot seems narrow and the front driveway cramped, esp with that RV parked there, but we don’t know how big the back yard is. It could be quite deep.
The photo of the gun is the fifth one, I believe. Not exactly sure what we’re looking at here, or if its real :=]
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