The Real Estate Thread: Buying/Selling/Tips/News

[lennytheweedwhacker]

my wife was in LA today and met our realtor at our place..they said they could sell it in 2 days whenever we're ready..I think we'll give the renter a couple months notice..

Save one weekend for me to host a party there for all my friends

This is ok because it won’t be a very well attended party

Great job explaining the joke. Proud of u.

[Bammer]

my wife was in LA today and met our realtor at our place..they said they could sell it in 2 days whenever we're ready..I think we'll give the renter a couple months notice..

Save one weekend for me to host a party there for all my friends

This is ok because it won’t be a very well attended party

Great job explaining the joke. Proud of u.

Because parking in that area is very difficult to find

[lennytheweedwhacker]

my wife was in LA today and met our realtor at our place..they said they could sell it in 2 days whenever we're ready..I think we'll give the renter a couple months notice..

Save one weekend for me to host a party there for all my friends

This is ok because it won’t be a very well attended party

Great job explaining the joke. Proud of u.

Because parking in that area is very difficult to find

Arrangements could be made

[bodysnatcher]

Can’t wait to party at Doug’s and eat some floppy scrambled eggs

[doug rr]

Jorge is bringing lasagna

[bodysnatcher]

Last time I ate lasagna my ass became a geyser

[bodysnatcher]

so if you need a Jackson Pollack mural…

[The Argonaut]

I will drink bourbon, a lot of bourbon

[doug rr]

pretty sure I have a lot of bourbon..

[doug rr]

having a zoom with the realtor in the next hour to officially sign an agreement with them to sell the place..will start as a pocket listing and he'll put the word out..kind of a bad week to do it but oh well

[spike]

Good luck Doug, hoping you make a hefty profit and not too much annoyance.

It’s crazy how much more paperwork you have to go through for a rental compared to a home purchase.

[Chris_H_2]

what will that tax hit on that sale be without that sweet, sweet 1031 exchange?

[E.H. Ruddock]

Good luck Doug, hoping you make a hefty profit and not too much annoyance.

It’s crazy how much more paperwork you have to go through for a rental compared to a home purchase.

My oldest stepson just had to find an apartment in midtown Manhattan. He got a sub lease, but the steps were insane. Including the steps below, there were probably 500 emails to get it all sorted:

Hire a broker, ended up with $6,000 in broker fees
Once application accepted, more financial paperwork than applying for and getting a mortgage
Both parents had to cosign, even though his annual salary is more than theirs combined. He showed proof of that but since he's just starting out...
References for him, for cosigners, and for work.
Approval from the apt. building board.
Upon moving time, insurance paperwork from movers (we moved it all in ourselves)
Approved moving date, only on weekdays, only one move in the entire building allowed per day
$1000 deposit in case we damaged anything in the building while moving.

I've never seen anything like it. He had taken this one in a rush because he had to start work, and though after a year he might find something better. So far he likes it and that process turned him off of ever wanting to do it again.

[doug rr]

Good luck Doug, hoping you make a hefty profit and not too much annoyance.

It’s crazy how much more paperwork you have to go through for a rental compared to a home purchase.

My oldest stepson just had to find an apartment in midtown Manhattan. He got a sub lease, but the steps were insane. Including the steps below, there were probably 500 emails to get it all sorted:

Hire a broker, ended up with $6,000 in broker fees
Once application accepted, more financial paperwork than applying for and getting a mortgage
Both parents had to cosign, even though his annual salary is more than theirs combined. He showed proof of that but since he's just starting out...
References for him, for cosigners, and for work.
Approval from the apt. building board.
Upon moving time, insurance paperwork from movers (we moved it all in ourselves)
Approved moving date, only on weekdays, only one move in the entire building allowed per day
$1000 deposit in case we damaged anything in the building while moving.

I've never seen anything like it. He had taken this one in a rush because he had to start work, and though after a year he might find something better. So far he likes it and that process turned him off of ever wanting to do it again.

ugh, what a nightmare..our first rental in nyc damn near gave us heart attacks

[Bammer]

I just had a Re/Max ad scroll across my FB feed and it was highlighting agents who have the Re/Max hot air balloon logo tattooed on themselves.

Wow.

[wease]

That’s dedication

[doug rr]

thats a group of idiots

[spike]

[bodysnatcher]

Been thinking about buying a condo in Chicago and joining the HOA board

[doug rr]

today we are giving our renter his 60 day notice..it sucks because we really like him but we're selling and getting out..he'll be fine..looking at some places this weekend in Vancouver..we're both enjoying this high rise living in Seattle so thinking about the same for Vancouver..