IDBillzFan Posted February 7, 2005 Share Posted February 7, 2005 I bet it comes with real crack addicts and bullet holes in every wall. Not the best neighborhood, LA. 231750[/snapback] Well, for three grand the crack addicts BETTER be real. You would think someone would start buying up these little dumps one at a time. Hell, for $30K you could have ten homes in one neighborhood. Spend $100K fixing them, hiring the local unemployed folks to do the work, and unload them for $25K each, so your $130k investment is now bringing you $250K in sales, for a clean $120K profit. Better yet, you could sell them to Mac users. Suddenly everyone would be named 'Chad' and 'Heath,' and they'd be really uppity types, driving around in their Volvos looking for things to do with the right button on their mouse. Property values would go up. Your real estate taxes would increase. More money goes to to the city, thus improving highways and services. You'd be cleaning up a bad part of town and, and, and... Ahhh, fuggit. It'd never work. Link to comment Share on other sites More sharing options...
Alaska Darin Posted February 7, 2005 Share Posted February 7, 2005 So you say $14 a month is too much for you? Buy a tent and get this nice piece of property for $1 a month.... Land only. For you back to nature lovers! 231752[/snapback] Only in Buffalo can you buy something for $300 that will cost you $720 annually in taxes. Link to comment Share on other sites More sharing options...
IDBillzFan Posted February 7, 2005 Share Posted February 7, 2005 Only in Buffalo can you buy something for $300 that will cost you $720 annually in taxes. 231758[/snapback] The taxes astounded me. I saw a house for $350K, with almost $9K in taxes. Craziness. Link to comment Share on other sites More sharing options...
Alaska Darin Posted February 7, 2005 Share Posted February 7, 2005 The taxes astounded me. I saw a house for $350K, with almost $9K in taxes. Craziness. 231761[/snapback] Tell me about it. The taxes on similiarly priced homes here are less than half that. And it's the ONLY tax we have! Link to comment Share on other sites More sharing options...
Tux of Borg Posted February 7, 2005 Share Posted February 7, 2005 Well, for three grand the crack addicts BETTER be real. You would think someone would start buying up these little dumps one at a time. Hell, for $30K you could have ten homes in one neighborhood. Spend $100K fixing them, hiring the local unemployed folks to do the work, and unload them for $25K each, so your $130k investment is now bringing you $250K in sales, for a clean $120K profit. Ahhh, fuggit. It'd never work. 231757[/snapback] Ahhh... the Donald Trump economic plan. Link to comment Share on other sites More sharing options...
Arkady Renko Posted February 7, 2005 Share Posted February 7, 2005 Ahhh... the Donald Trump economic plan. 231765[/snapback] If you add the millionaire father. Jerome Pathon Link to comment Share on other sites More sharing options...
CentralVaBills Posted February 7, 2005 Share Posted February 7, 2005 How the hell can any piece of real estate...including a 3bd/2ba house with 1500 sq. ft. only go for $3000? I mean, honestly. Who here is currently in Buffalo? Anyone know where Dodge street is? Hell...even the land itself must be worth $3K, no? 231737[/snapback] LMAO.............I was thinking the same thing.......how in the hell could this only be $3,000? I mean, seriously.........$14 a month. If you are poor, and say you can't afford a house.....ummmmmmmmmmm, hell no. You could work part-time and get in this thing! Wow! And here I am near Richmond VA, on 1/2 an acre for 45K for the land alone! That listing in B-Lo seems odd....ghetto or not! Link to comment Share on other sites More sharing options...
CentralVaBills Posted February 7, 2005 Share Posted February 7, 2005 Well, for three grand the crack addicts BETTER be real. You would think someone would start buying up these little dumps one at a time. Hell, for $30K you could have ten homes in one neighborhood. Spend $100K fixing them, hiring the local unemployed folks to do the work, and unload them for $25K each, so your $130k investment is now bringing you $250K in sales, for a clean $120K profit. Better yet, you could sell them to Mac users. Suddenly everyone would be named 'Chad' and 'Heath,' and they'd be really uppity types, driving around in their Volvos looking for things to do with the right button on their mouse. Property values would go up. Your real estate taxes would increase. More money goes to to the city, thus improving highways and services. You'd be cleaning up a bad part of town and, and, and... Ahhh, fuggit. It'd never work. 231757[/snapback] Of course this would work. Why wouldn't it? The only thing that would get you on this......and this is small potato's......is Capital Gains tax. You'd need to hold on to them for two years, or pay a hellacious tax. Even with the Capital Gains tax, you would still make a nice profit, however, you'd just have to sit some aside for tax day! Link to comment Share on other sites More sharing options...
gmac17 Posted February 8, 2005 Share Posted February 8, 2005 it's gotta be tough to sell houses in that neighborhood at all. I mean, who has $50 a month to throw around?? Link to comment Share on other sites More sharing options...
dave mcbride Posted February 8, 2005 Share Posted February 8, 2005 $14 per month!! "should I get a lapdance.....or a house?" 231746[/snapback] that is too freaking hilarious. bravo! Link to comment Share on other sites More sharing options...
Live&DieBillsFootball Posted February 8, 2005 Share Posted February 8, 2005 The problem with the $3,000 house is that you would not want to live in it. You can only get insurance if you live in it. If you spend money to fix it up, the house will be broken into and all of the new stuff will be stolen. People will break in and take the plumbing fixtures, pipes, furnace and anything else that they can sell for crack money. There have been several people in the last few years who have tried to buy up a bunch of houses on the East side and make a killing. Each of them has ended up in housing court because their properties are dilapidated and need repairs. They can't get the houses up to code to rent them, and they can't sell them. There are tons of vacant properties on the east side. Link to comment Share on other sites More sharing options...
Chalkie Gerzowski Posted February 8, 2005 Share Posted February 8, 2005 The taxes astounded me. I saw a house for $350K, with almost $9K in taxes. Craziness. 231761[/snapback] Saw two houses on Oakland Place......aboot 700k........14k in taxes. AYE!!!!!!! Help out Govnah Pataki's brunch bill....... Link to comment Share on other sites More sharing options...
Chalkie Gerzowski Posted February 8, 2005 Share Posted February 8, 2005 There are tons of vacant properties on the east side. 231926[/snapback] Hence, the East Side Arsonist of 2003.......has he continued with his pyro-fun? Link to comment Share on other sites More sharing options...
bdelma Posted February 8, 2005 Share Posted February 8, 2005 near east aurora high school. Not sour but ***** road Link to comment Share on other sites More sharing options...
Tom Posted February 8, 2005 Share Posted February 8, 2005 My Aunt can't sell her house for $37K............ Buffalo Realestate Link to comment Share on other sites More sharing options...
Coach Tuesday Posted February 8, 2005 Share Posted February 8, 2005 Dodge Road is in Amherst/Williamsville. There are some stojan-holes on that road, but nothing that cheap, I'm fairly certain. Link to comment Share on other sites More sharing options...
Pine Barrens Mafia Posted February 8, 2005 Share Posted February 8, 2005 Saw two houses on Oakland Place......aboot 700k........14k in taxes. AYE!!!!!!! Help out Govnah Pataki's brunch bill....... 231943[/snapback] Aren't you thinking of Gov. Rendell here in PA? Link to comment Share on other sites More sharing options...
obie_wan Posted February 8, 2005 Share Posted February 8, 2005 Can ANYONE confirm that Drew Bledsoe's house is now up for sale???? Someone is floating this rumor around... 231665[/snapback] property is probably like new since Drew spends all his time in Portland and Montana. Link to comment Share on other sites More sharing options...
Chalkie Gerzowski Posted February 8, 2005 Share Posted February 8, 2005 Aren't you thinking of Gov. Rendell here in PA? 232017[/snapback] The 300 pound tubbo......? The guy who has his limo speed in excess of 100 MPH on the Pennsyltucky Turnpike? Maybe I was thinking of Rentaki. Link to comment Share on other sites More sharing options...
LabattBlue Posted February 8, 2005 Share Posted February 8, 2005 Dodge Road is in Amherst/Williamsville. There are some stojan-holes on that road, but nothing that cheap, I'm fairly certain. 231999[/snapback] The property in question was on Dodge on the East side of Buffalo. RMPL! Link to comment Share on other sites More sharing options...
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